Formosa $500m loan opens general tap

Banks working on Formosa Plastic Corp’s loan of around $500m have taken it into general syndication, with three ticket levels available to participants.

  • By Rashmi Kumar
  • 26 Jul 2013

Launched on July 25, the loan is split into a $417m tranche and a Rmb490m ($80m) portion, both with five year tenors. The dollar loan has a margin of 110bp over dollar Libor, while the renminbi tranche is priced at 130bp over CNH Hibor.

Mandated lead arrangers ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%