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Jiangnan Group, a wires and cables manufacturer, has launched a $100m three year term loan into general syndication, offering a generous margin of 350bp over dollar Libor.
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The $4bn acquisition financing for pork producer Shuanghui International has now received seven commitments in general collectively worth more than $300m — and more are on their way with roughly 10 more days left to join.
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Indonesian power company Pertamina is speaking to banks about arranging a chunky $1bn five year financing, just months after it closed a $965m syndicated loan. But this time round, the borrower is looking to a form a big club as it attempts to shave costs by 20bp-30bp. -
Delta Dunia Tekstil, part of Duniatex Indonesia, has launched a $150m five year loan into senior syndication to form the top level arranging group.
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Louis Dreyfus Commodities has opened up its $400m three year financing to the general market, offering four participation levels to lenders.
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Source: Dealogic.
