Cargill returns for $1bn revolver

Commodities firm Cargill has opened up its $1bn loan into general syndication, managing to pull off pricing of low 30bp over dollar Libor.

  • By Rashmi Kumar
  • 10 Feb 2014

The 364 day revolving facility is offering lenders three participation levels. Mandated lead arrangers committing $75m earn fees of 175bp, lead arrangers committing $50m earn 150bp, and co-arrangers committing $25m earn 125bp, according to a banker at one of the bookrunners.

The deal launched on February 10 ...

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Panda Bonds Top Arrangers

Rank Arranger Total Volume Rmb (m) No. of Deals Share % by Volume
1 Bank of China (BOC) 8,500 7 18.01
2 Everbright Securities 8,000 2 16.95
3 Agricultural Bank of China (ABC) 5,000 4 10.59
4 HSBC 3,300 3 6.99
5 Industrial and Commercial Bank of China (ICBC) 3,000 3 6.36

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 11 Jan 2017
1 Haitong Securities Ltd 1,383.79 4 25.02%
2 Guotai Junan Securities Co Ltd 675.24 3 12.21%
3 China Securities Co Ltd 572.35 3 10.35%
4 CITIC Securities 476.38 2 8.61%
5 BNP Paribas 316.68 1 5.73%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 11 Jan 2017
1 Citi 1,872.68 2 18.70%
2 Goldman Sachs 1,493.92 2 14.92%
3 Nomura 998.19 1 9.97%
3 JPMorgan 998.19 1 9.97%
5 Bank of America Merrill Lynch 905.93 2 9.05%

Asian polls & awards

  • China Private Banking Awards 2017

    China’s private banking industry is growing in leaps and bounds. High- and ultra-high-net-worth mainland customers are increasingly mobile, demanding best-in-class service from their financial providers. Banks are adapting to the changing world, rolling out innovative and sophisticated services to their high-end clientele. In recognition of China’s advances in the field, Asiamoney is proud to announce the winners of its awards for best mainland private banks for 2016.

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    Asia has taken its time in improving corporate governance standards, with experts agreeing on the need for broader action. But Taiwan and Hong Kong firms seem to be moving in the right direction, as shown in the results of this year's Asiamoney Corporate Governance poll. Paolo Danese reports.

  • Best Managed Company Awards 2016: Asia’s finest stand out

    Asiamoney is pleased to present its choices for Asia’s Best Managed Companies in 2016. In a year marked by political and economic upheaval, the region’s best firms and executives impressed on through a combination of factors including financial performance, innovation and strategic execution.

  • Brokers Poll 2016: The right call

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