Loan week

A round up of the latest syndicated loan market news.

China

Cosco Container LinesÆ $466.5 million 10 year dual tranche ship financing is set to complete syndication shortly. Bank of China, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, ING Bank and SG Asia are leading the deal.

Four banks have so far joined with a handful expected to revert by the end of the week. The loan is already oversubscribed.

The $129 million equivalent multi-tranche financing for Far Eastern Industries should reach financial close soon as the final banks...

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