More for Amoy

Popular syndicated deal for Amoy Treasury sees Amoy Properties and subsidiaries with HK$2000 million more than originally planned.

An overwhelming response to Amoy Treasury Limited's syndicated loan deal completed last week has increased the five-year revolving credit facility from the original HK$3 billion $384.7 million to HK$5 billion. Finally completed and signed on 4 April, a further nine banks, including Bank of China, Hong Kong branch, which contributed HK$300 million, joined the 13 original arrangers on the deal.

The facility closed at 50bp over Hibor with a maturity of five years. The deal...

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