Bookrunners and mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, Mizuho Corporate Bank and Oversea-Chinese Banking Corp were allocated $71m each. BPI Capital Corp and Commerzbank joined during senior syndication as MLABs and were given $36m and $30m, respectively. MLA Chinatrust Commercial Bank received $17m.
Seven lenders joined as lead arrangers during general, with Suyo General Lease (HK) and Westpac allocated $16m each. The others — Gunma Bank, Lotte Capital, Mega International Commercial Bank, NTT Finance Asia and Union National Bank — received $14m apiece.
Among the arrangers, Land Bank of Taiwan and National Bank of Kuwait received $11m each, and Nomura took $9m. Chang Hwa Commercial Bank, Chugoku Bank, Export-Import Bank of Taiwan, First Commercial Bank, Hua Nan Commercial Bank, IBJ Leasing, Bank Rakyat, Taipei Fubon Commercial Bank and Tokyo Star Bank came in with $7m each.
Lead managers Hachijuni Bank and Shanghai Commercial & Savings Bank took $4m each.
Lead arrangers received fees of 60bp and an all-in of 150bp, and arrangers got 55bp fees and an all-in of 148.3bp. The bullet loan had a margin of 130bp over dollar Libor, and will partly refinance a 2010 facility and be used for general corporate purposes.
The 2010 deal consisted of a $140m two year tranche, with a margin of 125bp over Libor, and a $125m three year chunk, priced at 145bp over Libor.