ABN AMRO launches Thai Military Bank $80 million loan

The deal is likely to receive a lot of interest from foreign banks given the scarcity value.

Sole mandated arranger ABN AMRO has launched Thai Military Bank's TMB $80 million loan into sub-underwriting to a select group of banks. The three-year bullet deal has a $20 million greenshoe and pays a spread of 67bp over Libor. The deal offers co-arrangers 76bp all-in including 20bp upfront fees and 7bp underwriting fees.

General syndication for the facility will be launched around July 25 following the close of sub-underwriting. The deal is likely to receive a lot of interest from...

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