Malaysia's Maybank plans $200 million three-year syndicated loan

By Reshmi Basu

New York, June 4 - Malayan Banking Bhd is in the process of arranging $200 million in a three-year syndicated loan, according to a market source.

Interest on the loan will be at Libor plus 19.5 basis points.

Fees are 4.5 basis points for those lending $10 million to $19 million, nine basis points for those lending $20 million to $29 million and 13.5 basis points for those lending $30 million or more.

BNP Paribas Bank, Bank of Tokyo-Mitsubishi, Mizuho Corporate Bank, Oversea-Chinese Banking Corp., Standard Chartered Plc and Sumitomo Mitsui Banking Corp. are arranging Maybank's loan.

Kuala Lumpur-based Maybank is Malaysia's largest bank.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.