ICBC Financial launches $200m deal

06 Jun 2013

Royal Bank of Scotland has launched a $200m two year loan for ICBC Financial Leasing, pricing it at 200bp over dollar Libor.

The onshore amortising loan has a weighted average life of 1.625 years, according to a banker.

Mandated lead arrangers committing $50m will net all-ins of 225bp, he added.

ICBC Financial is a wholly-owned subsidiary of the Industrial and Commercial Bank of China, and predominantly focuses on providing aircraft ...

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