Indonesia Eximbank mandates three
Indonesia Eximbank has picked Bank of Tokyo-Mitsubishi UFJ, Mizuho Corporate Bank and Oversea-Chinese Banking Corp as the bookrunners of its $500m three year loan, said a banker familiar with the situation.
The state-owned lender sent out a request for proposals to lenders earlier this year, giving them until March 15 to make pitches. At least seven banks pitched for the deal, but three have now emerged victorious.
The leads plan to price the deal between 100bp-150bp over dollar Libor,
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