Arrangers ABN Amro, Crédit Lyonnais, Development Bank of Singapore, ING, Natexis Banques Popularies, Standard Chartered, Sumitomo Mitsui Banking Corp and LB Kiel have finalised details for the $250m two year term loan for Chohung Bank and have launched the facility into general syndication. Banks will earn a margin of 20bp over Hibor. Fees are set at three tiers: co-arrangers pledging $10m will receive 40bp, lead managers committing $5m-$9m gain 38bp and senior managers contributing $2m-$4m receive 36bp.
July 19, 2002