BFI Finance opens up $75m at 230bp with two leads

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By Rashmi Kumar
24 Apr 2014

BFI Finance Indonesia has hit the market for a $75m term loan with a three year maturity, priced at a generous 230bp over dollar Libor by the leads on the deal.

First Gulf Bank and Standard Chartered are the bookrunners and mandated lead arrangers, but only the latter has underwritten the whole amount, according to a banker at one of the leads. 

There are three levels open in syndication. MLAs committing $20m or more earn fees of 80bp for ...

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