By Davide Scigliuzzo
NEW YORK, April 15 (IFR) - Banks leading Argentina's jumbobond sale, which is set to price next week, could earn up toUS$27m in total fees, according to government documentspublished on Friday.
Argentina will pay a commission of 18bp to the underwritersarranging its first international bond sale in 15 years, whichis expected to include maturities of five, 10 and 30-years.
The South American nation is expected to raise betweenUS$12.5bn and US$15bn through the bond sale, bringing the totalfeel pool to between US$22.5m and US$27m, according to IFRcalculations.
Deutsche Bank, HSBC, JP Morgan and Santander - the fourglobal coordinators appointed to manage the offering - will eachreceive 19% of the total fee pool, or between US$4.28m andUS$5.13m, based on the expected issue size.
Joint bookrunners BBVA, Citigroup and UBS, which will have asmaller role in the offering, will receive 8% of the fee pooleach, or between US$1.8m and US$2.16m. (Reporting by Davide Scigliuzzo; Editing by Jack Doran)
HSBC Holdings (HSBA)