Zhongyu ignites $150m three year into market

gas hob flame
By Shruti Chaturvedi
26 Jun 2014

Bankers have opened Zhongyu Gas Holdings’ $150m loan into syndication, pricing it at 313bp over dollar Libor.

HSBC is the sole mandated lead arranger and bookrunner for the three year loan, which offers banks three levels for participation.

Banks committing $30m or more for the mandated lead arranger title will earn 200bp as fees, lead arrangers with commitments between $20m-$29m will make 174bp, while arrangers ...

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