Lenders that have chipped in for Bank Negara Indonesia’s $750m facility can expect to be scaled back by close to 50% of their original commitments, said bankers close to the trade. Allocations are due to be announced in the next few days. BNI launched its $750m borrowing via nine mandated lead arrangers and bookrunners in January. Leads ANZ, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citi, Commerzbank, CTBC Bank, DBS, OCBC Bank and United Overseas Bank supplied the funds to the borrower on December 22 and then invited retail lenders. BNI’s ...
Banks that contributed to Bank Negara Indonesia's $750m capital raising have been told to expect to be scaled back to approximately 50% of their original commitments, according to bankers close to the matter. Exact allocations are expected to be announced in the coming days. Banks that contributed to the fundraising include ANZ, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citigroup, Commerzbank, CTBC Bank, DBS, OCBC Bank and United Overseas Bank.