Syndication for Banque Misr’s $150m three year term loan is due
to close today (Friday). The deal is oversubscribed by $50m and the
borrower may take the full amount.
Mandated lead arrangers are Bank of Tokyo-Mitsubishi,
Citigroup and Standard Chartered. The deal pays a margin of 75bp
over Libor. Participation fees are 52.5bp
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