2020-04-04 IFR Magazine

International Financing Review April 4 2020 79

LOANS ASIA-PACIFIC

4HEûDEALûISûLIKELYûTOûCOMPRISEûTENORSûOFû

ONEûTWOûANDûlVEûYEARSû4HEûDEADLINEûFORû

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INû-ARCHûLASTûYEARûWASûITSûLARGESTûANDû

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PLN SENDS RFP

3TATE

OWNEDûELECTRICûUTILITYûPERUSAHAAN LISTRIK

NEGARAûISûSOUNDINGûTHEûMARKETûFORûAûlNANCINGû

of up to US$1bn, returning to the offshore

LOANûMARKETSûINûLESSûTHANûSIXûMONTHS

4HEûDEALûISûLIKELYûTOûCOMPRISEûTENORSûOFû

THREEûANDORûlVEûYEARS

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ANûAVERAGEûLIFEûOFûûYEARS

TRANS RETAIL SIGNS US$740m LOAN

TRANS RETAIL INDONESIAûHASûSIGNEDûAû53M

EQUIVALENTûlVE

YEARûDUAL

CURRENCYûLOANûAFTERû

ATTRACTINGûûLENDERSûINûGENERALûSYNDICATION

Bank BTPN, BNP Paribas, CTBC Bank, DBS

Bank, Deutsche Bank, First Abu Dhabi Bank,

Maybank, Rabobank, Standard Chartered, SMBC

and Taishin International Bank WEREûTHEû

MANDATEDûLEADûARRANGERSûBOOKRUNNERSûANDû

UNDERWRITERSûOFûTHEûDEALûWHICHûCOMPRISESûAû

53MûTERMûLOANû&ACILITYû!    ûANDûAûõMû

53M    ûPORTIONû&ACILITYû"    

The mandated lead arranger is Mega

International Commercial Bank.

Lenders are China Minsheng Banking Corp,

Bank SinoPac, Chang Hwa Bank, Hua Nan

Commercial Bank, Hua Nan Commercial Bank,

Land Bank of Taiwan, Taiwan Business Bank,

Taiwan Cooperative Bank, Yuanta Commercial

Bank, First Commercial Bank, KEB Hana Bank,

Bank of Panhsin and Bank of Kaohsiung.

&ACILITYû!ûWASûNOTûSYNDICATEDû&ACILITYû"û

PAYSûANûINITIALûINTERESTûMARGINûOFûBPûOVERû

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COSMO ENERGY TAPS SLL, HYBRID

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LISTEDûHOLDINGûCOMPANYSûOILû

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3,,ûFORûWORKINGûCAPITALûPURPOSES

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WHICHûCANûBEûREPAIDûAFTERûTHREEûYEARS

UNITIKA REFIS ¥92bn FACILITY

UNITIKAûHASûSIGNEDûAûcBNûTHREE

YEARû

LOANûFORûRElNANCING

MUFGûWASûTHEûARRANGERûANDûAGENTûWHILEû

Mizuho BankûCAMEûINûASûCO

ARRANGERûANDûû

OTHERûLENDERSûJOINEDûINûSYNDICATION

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REPLACESûAûcBNûTHREE

YEARûDEALûCOMPLETEDû

INû-ARCHû

TOTAL NUMBER AND VOLUME OF SIGNED SYNDICATED CREDITS BY COUNTRY

1/1/2020–31/3/2020

No of Volume No of Volume No of Volume

Country issues US$(m) Country issues US$(m) Country issues US$(m)

United Arab Emirates 5 9,318.2

Tanzania 1 1,641.1

Oman 3 1,605.0

Nigeria 2 1,278.5

Angola 1 1,100.0

South Africa 2 964.0

Saudi Arabia 1 799.7

Egypt 2 728.0

Bahrain 1 350.0

Ivory Coast 1 163.7

Burkina Faso 1 111.4

Africa/Middle East 20 18,059.6

Japan 606 65,694.7

Hong Kong 44 20,319.5

China 81 19,880.0

India 37 9,577.2

Australia 31 9,459.5

Taiwan 31 8,336.2

Indonesia 5 2,290.0

New Zealand 10 1,862.5

Singapore 4 1,090.9

Malaysia 3 999.5

Nepal 1 889.2

Thailand 3 819.2

Vietnam 4 678.8

Bangladesh 2 164.4

Pakistan 1 148.9

Asia-Pacific 863 142,210.5

USA 851 572,268.7

Canada 92 42,439.5

Mexico 5 2,901.1

Brazil 1 850.0

Chile 2 625.0

Bermuda 2 572.8

Peru 2 332.0

Panama 1 100.0

Americas 956 620,089.1

United Kingdom 37 32,972.8

Germany 36 20,701.9

France 33 16,424.3

Netherlands 10 8,647.8

Spain 27 7,125.1

Belgium 6 6,482.9

Denmark 3 6,014.1

Russian Federation 5 5,634.2

Luxembourg 4 4,523.9

Sweden 5 3,223.4

Switzerland 5 2,170.6

Ireland 3 2,103.0

Italy 14 2,034.4

Iceland 2 1,389.7

Turkey 5 1,240.2

Hungary 1 1,151.4

Kazakhstan 1 1,000.0

Czech Republic 1 890.2

Finland 1 824.7

Austria 1 668.0

Norway 1 659.9

Poland 2 625.4

Romania 1 216.6

Europe 204 126,724.5

Total 2,043 907,083.7

Source: Refinitiv

9 IFR Loans 2327 p 75 - XX.indd 79 03 / 04 / 2020 19 : 26 : 35