Maybank, the Malaysian financial institution, has launched a $500m five year loan into syndication — the first time the bank has tapped the loan market since March 2006. The deal offers lenders rare exposure to a high quality Malaysian credit, and comes at an attractive price.
ANZ, HSBC, Mizuho and Standard Chartered are running Maybank’s deal, which offers participants a margin of 90bp over Libor. The bank’s 2006 deal, in comparison, offered lenders just 18bp over Libor…
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