FinanceAsia understands that Samsung Life has short listed Lehman Brothers and Merrill Lynch as possible arrangers of its second international securitization deal, with a decision expected soon on which bank will get the mandate.
Korea's biggest life insurance company sent out RFPs to nine investment banks in April, believed to include BNP Paribas, Citibank, Deutsche Bank, HSBC, ING, Lehman Brothers, Merrill Lynch, Morgan Stanley and Nomura.
According to a banker familiar with the RFP but not on the shortlist, Samsung is expecting big things with its next deal, which could be up to $400 million in size. The issuer has high hopes for this deal and the...