FirstRand could be Asian loan regular after $100m deal

Bankers hope that FirstRand will become a regular borrower in Asia’s loan market, after the South African bank approached lenders with a $100m two year deal.

  • 22 Feb 2011

Bookrunners Bank of Taiwan, Bank of Tokyo-Mitsubishi, China Construction Bank and Chinatrust are leading the transaction, and Export-Import Bank of the Republic of China has also joined the deal as a mandated lead arranger.

“This is just the start for FirstRand,” said a banker with knowledge of the deal. ...

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