Sonangol's $2bn structured commodity export finance facility is heading for an oversubscription in senior syndication and will be launched into general syndication shortly.
Mandated lead arranger Calyon offered senior lenders a ticket of $200m for a sub-underwriting fee of 50bp and a 125bp participation fee — banks' target hold
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.