Sritex eyes $350m loan for bond buy-back

Indonesian textile company Sri Rejeki Isman (Sritex) has returned to the syndications market for a $350m loan that will go partly towards a bond buy-back.

  • By Pan Yue
  • 11 Jan 2019

Citi, DBS and HSBC are the mandated lead arrangers and bookrunners for the transaction, which was launched into general syndication on Thursday, according to a banker close to the deal.

The three year bullet facility is paying a margin of 250bp over Libor to banks committing offshore and 290bp over ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 22.38
2 China Merchants Securities Co 18.86
3 Industrial and Commercial Bank of China (ICBC) 15.71
4 Agricultural Bank of China (ABC) 11.43
5 China Securities 9.52

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 8,165.85 33 9.82%
2 Goldman Sachs 6,894.63 24 8.29%
3 Morgan Stanley 4,815.98 33 5.79%
4 UBS 4,492.08 28 5.40%
5 China International Capital Corp Ltd 4,224.24 22 5.08%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 15,004.59 130 8.55%
2 Citi 10,041.06 80 5.72%
3 JPMorgan 9,707.50 62 5.53%
4 Credit Suisse 6,447.48 49 3.67%
5 Bank of America Merrill Lynch 6,190.73 49 3.53%

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