Commodity loans stay hot as Louis Dreyfus comes to Asia

26 Nov 2009

Louis Dreyfus launched a $150m three year loan last Friday, becoming the latest European commodity trader to turn to the Asian loan market in search of liquidity and lower pricing.

ANZ, BNP Paribas and HSBC are in the market with a $150m loan for Louis Dreyfus, which is targeting Asian lenders for the first time.

The deal is split into a $100m term loan where lenders can commit in either Australian or US dollars, and a $50m revolver that ...

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