China
Shuanghui International Holdings has secured a $4 billion term loan through bookrunners and mandated lead arrangers Bank of China, Export-Import Bank of China, Credit Agricole, DBS, ICBC, Natixis, Rabobank, RBS and Standard Chartered.
The facility is split into a $2.5 billion three-year tranche priced at 350bp over Libor and a $1.5 billion five-year portion priced at 450bp over Libor.
Syndication saw Deutsche Bank, ING and Ping An Bank join in as lead arrangers while Cathay United Bank, Intesa Sanpaolo, KDB, Wing Lung Bank and Yuanta Commercial Bank join in as arrangers. 13 other banks concluded the syndicate at a lower...