Loan Week, July 12-18

A roundup of the latest syndicated loan market news.

 

China


 

Sekisui House Wuxi has secured a Rmb600 million three-year term loan through sole bookrunner and mandated lead arranger Bank of Tokyo-Mitsubishi UFJ. Sekisui House, the borrower’s parent, is the guarantor of the financing.

Final allocations the lead give Rmb360 million while participant Agricultural Bank of China lent Rmb240 million.

Proceeds are for real estate development purposes.

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