China
Chengdu Jinniu Wanda Square Investment has signed a Rmb1 billion 10-year term loan through sole bookrunner and mandated lead arranger Bank of China. The single tranche facility will be repaid semi-annually.
Final allocations saw the lead take Rmb350 million while participant Agricultural Bank of China lent Rmb250 million. China Everbright Bank and Postal Savings Bank of China pledged Rmb150 million each while Bank of Chengdu take Rmb100 million.
Proceeds are for refinancing purposes.
E-Land Fashion China Holdings has secured a $100 million two-year term loan through sole bookrunner and mandated lead arranger Standard Chartered.
Final allocations saw the lead commit $10 million while mandated leads First Gulf Bank and Natixis joined in with $23 million each. Arrangers China CITIC Bank, China Everbright Bank, Emirates NBD and Mega International provided $10 million apiece while Chang Hwa Commercial Bank concluded the syndicate with $5 million.
Proceeds are for refinancing and general corporate purposes.
North United Power Corp has obtained a Rmb410 million one-year revolving credit facility through sole bookrunner Bank of China.
Final allocations saw the lead lend Rmb400 million while participant China Development Bank took Rmb10 million.
Proceeds are for working capital purposes.
Hong Kong
Kam Hing Piece Works has signed a HK$1 billion 3.5-year term loan on a club basis through mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ, China Construction Bank, China CITIC Bank, Hang Seng Bank, HSBC and Standard Chartered.
The guaranteed facility is priced at 250bp over Hibor.
Final allocations saw Hang Seng Bank and HSBC pledge HK$200 million apiece while ANZ lent HK$150 million. China CITIC Bank took HK$130 million while Standard Chartered provided HK$120 million. Bank of Tokyo-Mitsubishi UFJ and China Construction Bank concluded the syndicate with HK$100 million each.
Proceeds are to refinance existing indebtedness and general corporate purposes.
Indonesia
Medco E&P Tomori Sulawesi has secured a $260 million seven-year term loan through bookrunner Standard Chartered. Syndication saw Bank Mandiri join in as joint bookrunner and mandated lead.
The single tranche facility is priced at 500bp over Libor.
Final allocations saw the banks contribute $130 million each.
Proceeds are to support a gas project.
New Zealand
CentrePort has completed a NZ$150 million 1.5-year revolving club deal through joint mandated lead arrangers Commonwealth Bank of Australia and Westpac, who committed evenly to the facility.
Proceeds are for refinancing purposes.
SKYCITY Entertainment Group has secured a NZ$200 million three-year revolver through joint mandated leads ANZ, Commonwealth Bank of Australia, NAB and Westpac on a club basis.
Proceeds are to refinance existing indebtedness
University of Auckland has completed a NZ$300 million five-year revolver on a club basis through mandated lead arrangers ANZ and Commonwealth Bank of Australia.
Final allocations saw the banks provide NZ$150 million each.
South Korea
Industrial Bank of Korea has sealed a $145 million-equivalent three-year dual-currency loan package through sole bookrunner Bank of Tokyo-Mitsubishi UFJ.
The financing is split into a $110 million tranche and a Y3.5 billion portion.
Syndication saw Taiko Bank and Yamaguchi Bank join in as participants.
Proceeds are for refinancing and general corporate purposes.
POSCO and POSCO Vietnam have concluded a $196 million five-year loan facility through joint mandated lead arrangers ANZ, BNP Paribas, HSBC, KEXIM, Mizuho, Standard Chartered and SMBC.
Final allocations saw KEXIM take $50 million while BNP Paribas, HSBC and SMBC pledged $30 million each. ANZ and Standard Chartered both came in with $20 million, while Mizuho rounded up the group with $16 million.
Proceeds are for general corporate purposes.
