EPF takes RM1.5b loan for London property buyTVBNOW 含有熱門話題，最新最快電視，軟體，遊戲，電影，動漫及日常生活及興趣交流等資訊。/ V: M0 o5 f U" h
TVBNOW 含有熱門話題，最新最快電視，軟體，遊戲，電影，動漫及日常生活及興趣交流等資訊。3 ` H- { J5 _1 j6 C6 B & x( v. U; J+ U0 w公仔箱論壇# H$ s# k! ~" G/ S! j
KUALA LUMPUR, Dec 16 — The Employee Provident Fund (EPF) has closed a five-year £300 million (RM1.48 billion) loan, its first offshore loan, to fund the acquisition of three London-based properties, Thomson Reuters publication Basis Point reported today.公仔箱論壇6 t' X9 w" d* K9 @; B. G5 M
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Citing sources, Basis point said the state pension fund's loan was increased from an initial £240 million. Citigroup was the lead arranger, bookrunner and sole underwriter on the deal.0 l7 c2 G$ A; }
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Bank of Tokyo-Mitsubishi UFJ, OCBC Bank, Scotiabank and Sumitomo Mitsui Banking Corp also joined the deal as equal status arrangers, Basis Point said. & [ s; U7 B( L: ]0 Ftvb now,tvbnow,bttvb1 h8 s9 w) i0 ]9 X I) u: U
EPF unit, KWASA UK solo Ltd, was the borrower on the deal, which will fund the acquisition of three properties in London for £490 million. Basis Point said EPF financed the remainder of the purchase price with cash.公仔箱論壇3 q0 y( B' K. i- n+ Q6 i( {( M
TVBNOW 含有熱門話題，最新最快電視，軟體，遊戲，電影，動漫及日常生活及興趣交流等資訊。0 T3 x: F1 O7 \* B
The loan was tightly priced at a margin of 123 basis points over sterling Libor with an upfront fee of 110 bps, translating to an all-in of 145b over, Basis Point said, citing one source.公仔箱論壇' B) t' A' c5 m; r9 p; H
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Basis Point said EPF has not provided any guarantee for the loan, although there is a put option where EPF has to buy the properties from KWASA at a price that is at least equal to the outstanding amount on the loan should there be defaults. — Reuters作者: chuan888 時間: 2011-12-20 09:15 PM
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