Hong Kong
A consortium consisting of Australian and Hong Kong borrowers, BALtrans Logistics, Toll Finance and Toll Global Forwarding (Hong Kong) have inked a HK$1.8 billion five-year revolving credit facility through mandated lead arrangers ANZ, Citi, Standard Chartered, SMBC and Westpac.
The facility is priced at a fixed rate of 1.2% p.a.
Proceeds are for debt repayment, working capital and general corporate purposes.
Noble Group has secured a $2 billion one-year revolver through bookrunners and mandated lead arrangers ABN Amro, Agricultural Bank of China, ANZ, Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, Commerzbank, Commonwealth Bank of Australia, DBS, Goldman Sachs, HSBC, ING, JPMorgan, Lloyds, Natixis, RBS, Rabobank, Societe Generale, Standard Chartered and UOB.
Syndication saw BBVA, Banco do Brasil, CoBank ACB, Intesa Sanpaolo, KfW IPEX Bank, LBBW, Mediobanca, Mizuho, National Bank of Abu Dhabi, SMBC and Westpac come in as mandated lead arrangers while 26 other banks joined in at lower tiers.
Proceeds are to refinance existing indebtedness and for general corporate purposes.
Yieh Phui (HK) has sealed a $38 million-equivalent seven-year financing through sole bookrunner First Commercial Bank.
The facility is split into a $31 million term loan and a Rmb42 million portion.
Syndication saw Bank of Kaohsiung, Export-Import Bank of China, First Commercial Bank, Hua Nan Commercial Bank, Sunny Bank and Taichung Commercial Bank join in as participants.
Proceeds are for the construction of a new materials production line in China.
India
Era Infra Engineering has obtained a Rs87.4 billion loan package through mandated lead arranger State Bank of India.
The facility is split into three term loan tranches and two revolving credit facilities.
Syndication saw Allahabad Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, General Insurance Corp of India, IDBI Bank, Indian Overseas Bank, Karnataka Bank, Life Insurance Corp of India, Oriental Bank of Commerce, Punjab & Sind Bank, Punjab National Bank, State Bank of Hyderabad, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India and Vijaya Bank come in at lower tiers.
Proceeds are for refinancing and working capital purposes.
Hindustan Petroleum Corp has obtained a $500 million three-year term loan through underwriters and mandated lead arrangers Deutsche Bank, RBS and State Bank of India.
Syndication saw Bank of Baroda and KDB join in as mandated leads while DBS, First Gulf Bank, Siemens Financial Services and Societe Generale came in as lead arrangers. Bank of Bahrain & Kuwait joined in as arranger while Bank Mandiri, First Commercial Bank and Punjab National Bank concluded the syndicate as lead managers.
Proceeds are for working capital purposes.
Japan
Orix Corp, Orix USA Corp, Orix Australia Corp, Orix Capital Korea Corp and Orix Taiwan Corp have inked a $525 million one-year revolver through bookrunners and mandated lead arrangers BNP Paribas and Credit Agricole.
Syndication saw ING and Taishin International Bank join in as mandated lead arrangers while ANZ, Bank of America Merrill Lynch, CTBC Bank, Standard Chartered and Westpac come in as lead arrangers. Bank of Taiwan, China Development Industrial Bank, Citi, Deutsche Bank, E.Sun Commercial Bank, Far Eastern International Bank, Hua Nan Commercial Bank, Industrial Bank of Taiwan, Land Bank of Taiwan, RBS, Shin Kong Commercial Bank, Ta Chong Bank and Taipei Fubon Commercial Bank joined in as participants.
Proceeds are for general corporate purposes.
Thailand
Lopburi Solar has secured a THB561 million facility on a club basis through mandated lead arrangers Kasikornbank and TMB Bank.
The facility is split into a THB414 million seven-year term loan and a THB147 million two-month letter of credit.
Proceeds are for project financing.
