IFR International - 21.07.2018

(Martin Jones) #1
LOANS EMEA

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VIAûAûFEEûOFûBPûFORûTICKETSûOFû53Mn
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BASEDûTRAFIGURA GROUP
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YEARû3AMURAIûLOAN


VITOL COMPLETES US$1.855bn RCF

%NERGYûTRADERûVITOLûHASûOBTAINEDûAû
53BNû
DAYûREVOLVINGûCREDIT û
INCREASINGûITûFROMûTHEû53BNûTARGETûSIZE
OCBC Bank ISûTHEûFACILITYûAGENTûOFûTHEûSELF
ARRANGEDûDEAL ûWHILEûDBS BankûISûTHEû
DOCUMENTATIONûAGENT
4HEûLOAN ûWHICHûATTRACTEDûûLENDERSûINû
TOTAL ûPAYSûTOP
LEVELûALL
INûPRICINGûOFûBPû
BASEDûONûANûINTERESTûMARGINûOFûBPûOVERû
,IBOR
ANZ ûDBS ûHSBC ûMUFG ûNational Australia
Bank ûOCBC Bank ûSMBC ûUnited Overseas Bank
and Westpac Banking CorpûJOINEDûTHEûDEALûASû
MANDATEDûLEADûARRANGERSûANDûBOOKRUNNERS
Agricultural Bank of China ûBank of China and
First Abu Dhabi BankûPARTICIPATEDûASû-,!S û
while KBC Bank ûMaybank and ScotiabankûCAMEû
INûASûLEADûARRANGERS
Arab Bank ûICBC ûLand Bank of Taiwan and
Union de Banques Arabes et FrancaisesûJOINEDûASû
ARRANGERS
6ITOLû!SIAûANDû6ITOLû&INANCEûAREûTHEû
BORROWERSûOFûTHEûlNANCING ûWHICHûISû
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YEARûREVOLVERûWITHûûLENDERSûJOININGû
INûSYNDICATIONû4HEûALL
INûPRICINGûANDû
MARGINûWEREûSIMILARûTOûTHOSEûONûTHEûLATESTû
lNANCING


JADESTONE NETS US$120m RBL FACILITY

!SIAû0ACIlC
FOCUSEDûOILûANDûGASûCOMPANYû
JADESTONE ENERGYûISûBACKINGûITSû53Mû
ACQUISITIONûOFûTHEû-ONTARAû/ILû0ROJECT û
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BASEDûLENDINGûFACILITY


4HEûLOANûWHICHûHASûBEENûUNDERWRITTENû
BYûCommonwealth Bank of Australia and Societe
Generale ûPAYSûBPûOVERû,IBOR
4HEûACQUISITIONûWILLûALSOûBEûBACKEDûBYûAû
PLANNEDûPLACINGûOFûSHARESûONû,ONDONSû!)-û
MARKETûTOûRAISEûABOUTû53M
4HEûCOMPANYûSAIDûTHATûTHEûDEBTûTOûEQUITYû
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ûEQUITYûnûWASûPRUDENTûEVENûDURINGûAû
PERIODûOFûLOWûOILûPRICES
3INGAPORE
HEADQUARTEREDû*ADESTONEûHASû
ITSûPRINCIPALûTECHNICALûTEAMûINû+UALAû,UMPURû
ANDûCOUNTRYûOPERATIONûOFlCESûINû0ERTH û
*AKARTA ûANDû(Oû#HIû-INHû#ITY

SOUTH KOREA


SHINHAN SIGNS US$300m FACILITY

SHINHAN BANKûHASûSIGNEDûAû53MûLOANû
AFTERûATTRACTINGûSIXûBANKSûINûGENERALû
SYNDICATION
MUFGûWASûTHEûMANDATEDûLEADûARRANGERû
ANDûBOOKRUNNERûOFûTHEûTRANSACTION ûWHICHû
HASûONE ûTHREEûANDûlVE
YEARûMATURITIES
!RRANGERSûAREûBank of Taiwan ûBayernLB û
Hua Nan Commercial Bank ûShanghai Commercial
& Savings Bank ûAfrAsia Bank and First Abu
Dhabi Bank
4HEûINTERESTûMARGINSûAREûBP ûBPûANDû
BPûOVERû,IBORûFORûTHEûONE ûTHREEûANDûlVE
YEARûPIECES ûRESPECTIVELY
,ENDERSûWEREûOFFEREDûTOP
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PRICINGûOFûBP ûBPûANDûBPûVIAû
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RESPECTIVELY ûFORûTHEûONE ûTHREEûANDûlVE
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TRANCHES
4HEûFUNDSûAREûFORûRElNANCINGûANDûGENERALû
CORPORATEûPURPOSES

VIETNAM


FLC DRAWS DOWN ON US$200m LOAN

2EALûESTATEûCOMPANYûFLC GROUP has drawn
DOWNûAûSMALLûPORTIONûOFûAû53MûDEBUTû
OFFSHOREûLOANûTHATûGIVESûITûFUNDINGûmEXIBILITY û
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THEûINITIALû53MûAMOUNT ûWHICHûCARRIESûAû

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RANGINGûFROMûûYEARSûTOûlVEûYEARS ûSUBJECTû
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WILLûALSOûDEPENDûONûTHEûABILITYûOFûOTHERû
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h4HISûTRANSACTIONûISûPARTûOFûOURûEFFORTSûTOû
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EUROPE/MIDDLE
EAST/AFRICA

AUSTRIA


AT&S PLACES €292.5m SCHULDSCHEIN

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PLACEDûAûõMû3CHULDSCHEINDARLEHENû
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TOûEXTENDûTHEûCOMPANYSûMATURITYûPROlLE
BayernLB and Raiffeisen Bank International
ARRANGEDûTHEûlNANCINGûTHATûSUPPORTSûTHEû
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TERMûSTRATEGY ûWHICHûAIMSûTOû
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33$ûTOûDATE ûWILLûBEûDISBURSEDûINûTWOû
PORTIONSûINû*ULYûANDû/CTOBER
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