K Wah shaves pricing on HK$2.5bn dual tranche

K Wah Financial Services has launched a HK$2.5bn ($322m) dual tranche loan into syndication, managing to price it more than 50bp lower than its deal from September 2012.

  • By Rashmi Kumar
  • 26 Jul 2013
The new transaction, which opened to the market on July 19, is split into two equal portions of three and five year. The three year tranche has a margin of 125bp over Hibor, while the five year portion is priced at 175bp over Hibor, according to a banker ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 1,505.59 4 23.31%
2 SG Corporate & Investment Banking 1,292.64 1 20.01%
2 Rabobank 1,292.64 1 20.01%
4 BNP Paribas 598.25 2 9.26%
5 TD Securities Inc 241.54 1 3.74%