Formosa mandates six for $500m deal

Six Taiwanese banks have won the mandate for Formosa Plastic Corp’s loan of around $500m, which is split into dollar and renminbi tranches.

  • By Rashmi Kumar
  • 12 Jul 2013

Bank of Taiwan, Chang Hwa Bank, Fubon Bank, Hua Nan Bank, Mega International Commercial Bank and Taiwan Cooperative Bank have been picked as the bookrunners, according to a banker.

The deal is split into two: a $417m tranche and an Rmb490m ($80m) portion, both with a maturity ...

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 14.60
2 Rabobank 13.70
3 Morgan Stanley 11.16
4 Barclays 8.55
5 Credit Agricole 7.20

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
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%