Louis Dreyfus Asia returns for $500m revolver

Grains, rice
By Shruti Chaturvedi
14 Jun 2016

Louis Dreyfus Commodities Asia is seeking a $500m revolver and is offering the same pricing as it did on its last loan. This is despite its parent's income before tax having halved in 2015, compared with the previous year.

Australia and New Zealand Bank, BNP Paribas, DBS, Oversea-Chinese Banking Corp and Westpac are leading the three year trade, which is open at three levels of participation.

Mandated lead arrangers have to commit $40m for 51bp fee and 157bp all-in, lead arrangers have to commit $25m for ...

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