Tight pricing no problem as HACTL signs HK$800m loan

Hong Kong Air Cargo Terminals (HACTL) signed a HK$800m loan on Monday that set a new pricing floor for Hong Kong borrowers, in a sign that falling margins are no deterrent to the region’s lending banks.

  • 30 Sep 2009

Four banks — ANZ, Bank of East Asia, Bank of Tokyo-Mitsubishi UFJ and OCBC —joined coordinator HSBC as lenders.

The blue-chip company is paying about 100bp over Hibor for the facility, below the 125bp all-in margin offered by local property developer Henderson Land on an HK$8bn syndicated loan ...

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 BNP Paribas 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 92,032.58 259 11.01%
2 Bank of America Merrill Lynch 79,057.17 220 9.45%
3 JPMorgan 69,156.83 197 8.27%
4 Wells Fargo Securities 68,746.03 193 8.22%
5 Credit Suisse 55,529.51 142 6.64%