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Participant allocations for a US$410mn 8.5-year term loan for Malaysian International Shipping Corp have been agreed. Japan’s JBIC is providing an additional US$410mn. The loan is for the purchase of six liquefied natural gas (LNG) containers. The margin is 59bp over Libor.

Arrangers are SG (US$50mn), Sumitomo Mitsui Banking (US$40mn), Bank of Tokyo-Mitsubishi and Mizuho (US$35mn each), ANZ Investment Bank (US$28mn) and Standard Chartered (US$25mn).

Co-lead arranger is Bumiputra Commerce Bank with US$34mn. Arrangers are BNP Paribas and National Australia Bank with US$25mn each and Bank of Nova Scotia with US$24mn.

Co-arrangers are ING with US$23mn and Shinkin Central Bank with US$22mn.

Lead managers are HSBC with US$14mn and Bank of Taiwan, Citibank and ICBC with US$10mn each.