Goldman, Apollo To Invest US$235 Million In Tallest Thai Building

Goldman Sachs Group Inc. and Apollo Asia Sprint Holding Co. will invest THB8.4 billion (US$235 million) in a real estate development that includes Thailand’s tallest skyscraper.

 

The proposed investment — a US$216 million equity injection and US$18.8 million of financing — is expected to be completed within February 2017 subject to certain conditions, the building’s developer Pace Development Corp. said in a filing in Bangkok on Tuesday.

 

Read the full story on Bloomberg here.

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