Author: Anja Helk Issuer: Doncaster Group (for Pacific Century CyberWorks) Deal: syndicated loan Amount: $12 billion Date: February 25 2000 Underwriters: Barclays Capital, Bank of China International, BNP Paribas, HSBC
Within a week that changed the perception of what is possible in the Asian capital markets, the leads secured a $12 billion bridge loan and with it a trophy for the largest ever syndicated loan in Asia-Pacific. In fact they received orders of $22 billion for the $9 billion syndicated tranche of one-year debt. At HSBC Paul Tay, head of syndicated finance, is not really surprised they got the loan together, “but rather about the number of banks that could commit $1 billion.” | ||||||||||||||||||||||||||||||||||||||||||