IFR 03.7.2020

64 International Financing Review March 7 2020

ASIA-PACIFIC

AUSTRALIA

MACQUARIE MAKES JAPAN DEBUT

MACQUARIE GROUP is making its loan market

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YEARû

LOANûTHATûINCLUDESûAûGREENûlNANCINGûPORTION

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ARRANGERûANDûBOOKRUNNERûWHILEûMacquarie

Capital Securities JapanûISûTHEûCO

ARRANGER

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TRANCHEûFACILITYûISûSPLITûINTOû

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TERMûLOANûFORûGENERALûCORPORATEûPURPOSES

The loan offers an interest margin of

BPûOVERû,IBOR

Pricing on the latest loan is tighter than

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BUILDINGSûANDûCLEANûTRANSPORTATIONûPROJECTS

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markets was in April last year for a

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THREE JOIN SARACEN LOAN

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PRODUCERûSARACEN MINERAL HOLDINGS‘

ACQUISITIONûOFûAûûSTAKEûINû+ALGOORLIEû

#ONSOLIDATEDû'OLDû-INESû*OINTû6ENTURE

ANZûIndustrial and Commercial Bank of China

ANDûSMBCûJOINEDûTHEûDEALûWHICHûWASû

LAUNCHEDûTOûAûLIMITEDûGROUPûOFûBANKS

WestpacûBNP Paribas ANDûCitigroup

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THREE

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!MûTHREE

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FACILITY

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FUNDûITSûACQUISITIONû4HEûCOMPANYûDREWû

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Saracen bought the stake in Kalgoorlie

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SPIC WRAPS REFI

China’s STATE POWER INVESTMENT CORP has

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The facility offers an interest margin of

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China Construction Bank, Bank of China, ICBC,

Bank of Communications, Bank of America, ANZ

and Westpac are lenders.

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China Citic Bank International is the

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while Bank of China CAMEûINûASû-,!ûChina

Merchants Bank ANDûChina Minsheng Banking

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The offer price represents a premium of

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4HEûDEBENTURESûCARRYûAûTENORûOFûlVEûYEARSû

ANDûAûûINTERESTûRATEûPAYABLEûSEMI

ANNUALLYûINûARREARS

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CONSTRUCTIONûOFûAûMINE

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OWNEDû

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OWNEDû!SSETû)NVESTMENTûAûLOCALûSTATE

OWNEDû

ENTERPRISEûINû3HANGHANGû#OUNTY

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EXPLORATIONûDEVELOPMENTûACQUISITIONûANDû

EVALUATIONûOFûGOLDûRESOURCESûINû#OLOMBIA

HONGQIAO SEEKS US$200m

3HANDONG

BASEDûALUMINIUMûMAKERûCHINA

HONGQIAO GROUPûHASûLAUNCHEDûAû53Mû

THREE

YEARûLOANûINTOûGENERALûSYNDICATION

China Citic Bank InternationalûCredit Agricole

CIB ANDûING Bank AREûTHEûMANDATEDûLEADû

ARRANGERSûANDûBOOKRUNNERSûOFûTHEû

AMORTISINGûLOANûWHICHûOFFERSûANûINTERESTû

ASIA-PACIFIC LOANS BOOKRUNNERS – FULLY

SYNDICATED VOLUME (INCLUDING JAPAN)

BOOKRUNNERS: 1/1/2020 TO DATE

Managing No of Total Share

bank or group issues US$(m) (%)

Proportional credit

Source: Refinitiv SDC code: S3a

1 Mizuho 36 5,354.19 18.3

2 MUFG 72 3,691.37 12.6

3 Sumitomo Mitsui 45 2,780.41 9.5

4 HSBC 7 1,380.19 4.7

5 Standard Chartered 10 1,083.85 3.7

6 China Merchants Bk 3 1,083.29 3.7

7 State Bank of India 3 1,070.14 3.7

8 Bank of China 7 932.09 3.2

9 CBA 5 893.71 3.0

10 Citigroup 3 833.02 2.8

Total 207 29,309.02

9 IFR Loans 2323 p 63 - 76 .indd 64 06 / 03 / 2020 19 : 19 : 50