NIPPON TELEGRAPH & TELEPHONE CORP is raising Asia's largest-ever syndicated loan to back its acquisition of NTT DoCoMo, the first time the borrower has tapped the market in more than a decade. The one-year unsecured bridge loan of up to ¥4.3trn (US$40.7bn) is provided by MUFG, SMBC, Mizuho Bank, Norinchukin Bank, Sumitomo Mitsui Trust Bank and Development Bank of Japan. They have committed ¥1.5trn, ¥1.2trn, ¥700bn, ¥400bn, ¥300bn and ¥200bn, respectively.
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