Books cover big chunk of Pou Chen loan

06 Mar 2013

Taiwanese footwear maker Pou Chen Corp’s NT$10bn five year loan has received plenty of interest from lenders, with two-thirds of the loan already covered by the five bookrunners.

The leads launched the deal into senior syndication this week and have priced it between 60bp and 65bp over Taiwan’s secondary CP rate, according to a banker at one of the bookrunners.

Australia and New Zealand Bank, Bank of Taiwan, Chinatrust Commercial Bank, Fubon Bank and Standard Chartered are ...

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