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.

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%