
TOKYO -- Mizuho Bank has arranged a yen-denominated syndicated loan of 60 billion yen ($543 million) to Singapore-born logistics facilities provider GLP, the largest yet extended by Japanese lenders to a company elsewhere in Asia.
The Mizuho Financial Group unit put the loan together in mid-December as sole underwriter. It is contributing 20 billion yen, with the remaining 40 billion yen split among 16 other lenders.