RCBC seeks $300m in syndication

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By Pan Yue
28 May 2018

Philippine firm Rizal Commercial Banking Corp is seeking a $300m offshore loan via five mandated lead arrangers and bookrunners, according to a banker with knowledge of the deal.

ANZ, Commerzbank, CTBC Bank, First Abu Dhabi Bank and Standard Chartered are arranging the loan, which was launched into general syndication last Friday.

The 2.5 year bullet facility offers a margin of 88bp over dollar Libor. Potential lenders can join at two levels — as lead arrangers by ...

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