Details emerge on Star Cruises refinancing

HSBC launches $450 million offering split into a three-year revolving credit facility and seven-year amortizing loan.

Rob Davies

December 03, 2001

HSBC has launched the $450 million refinancing for Malaysia's Star Cruises, the world's third biggest cruise business in which the Genting conglomerate is the major shareholder. Banks are being invited to join the syndication group with the closing date for commitments scheduled for the third week of December, according to reports.

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