Sinochem upsizes deal to $170 million

The facility ends over-subscribed by 20% with commitments totalling $180 million.

China National Chemicals Import Export Corporation Sinochem upsized its loan deal last week following strong demand from banks in the syndication stage. The loan, originally launched for $150 million by ABN AMRO, the mandated bank, was upsized to $170 million. The facility was over-subscribed by 20% with commitments totalling $180 million.

Bank of China New York, Bank of Communications New York and Standard Chartered joined ABN AMRO on the top-level as co-ordinating arrangers with commitments of $50 million,...

To continue reading, please login or register for free

Click for more on: sinochem | upsizes | deal | 170 | million

Print Edition

FinanceAsia Print Edition

CONFERENCES