China
CCB Financial Leasing has inked a $175 million three-year term loan through bookrunners and mandated lead arrangers CIMB Bank, Commonwealth Bank of Australia and RBS.
Syndication saw Hua Nan Commercial Bank and Mega International Commercial Bank join in as mandated lead arrangers while Chang Hwa Commercial Bank and Public Bank came in as arrangers.
Proceeds are for general corporate purposes.
China Resources Land has obtained a $702 million-equivalent four-year term loan on a club basis through mandated lead arrangers Agricultural Bank of China, Bank of Tokyo-Mitsubishi UFJ, China Construction Bank, Hang Seng Bank, HSBC, JP Morgan and SMBC.
The debt package comprises a HK$2.3 billion tranche a $400 million portion.
Final allocations saw Agricultural Bank of China, China Construction Bank and HSBC contribute evenly in the Hong Kong dollar tranche while Bank of Tokyo-Mitsubishi UFJ, Hang Seng Bank, JPMorgan and SMBC committed equally in the US dollar portion.
Proceeds are to refinance existing indebtedness and for working capital purposes.
Hangzhou Shuya Technology has sealed a Rmb750 million 12-year term loan through sole bookrunner and mandated lead arranger Bank of China.
Final allocations saw the lead provide Rmb300 million while participant Agricultural Bank of China gave Rmb450 million.
Proceeds are for capital expenditure purposes.
Toyota Motor Finance (China) has inked a Rmb350 million one-year revolver through sole bookrunner and mandated lead arranger Mizuho Bank.
The financing is priced at 90% of the PBoC rate.
Syndication saw Korea Exchange Bank join in as participant.
Proceeds are for general corporate purposes.
Japan
Nipro Corp has signed a ¥10 billion five-year term loan through sole bookrunner and mandated lead arranger Credit Agricole.
Syndication saw Nagano Bank come in as participant.
Proceeds are for general corporate purposes.
New Zealand
Chorus has secured a NZ$1.3 billion revolver on a club basis through mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ, Citi, Commonwealth Bank of Australia, Export Development Canada, Goldman Sachs, HSBC, JP Morgan, NAB and Westpac.
The facility is split into a NZ$575 million two-year tranche and a NZ$675 million three-year and five-month portion.
Proceeds are to refinance an existing NZ$1.4 billion facility signed in November 2011.
TR Group has completed a NZ$205 million five-month revolver through sole bookrunner and mandated lead arranger Commonwealth Bank of Australia.
Final allocations saw the lead commit NZ$85 million while participant Toyota Finance provided NZ$120 million.
Proceeds are to refinance existing indebtedness.
Singapore
KrisEnergy has obtained a $100 million two-year revolver through sole bookrunner and mandated lead arranger HSBC.
Syndication saw Commonwealth Bank of Australia and RBS join in as participants.
Proceeds are for future acquisitions, working capital and general corporate purposes.
Taiwan
Oriental Petrochemical completed a NT$4.6 billion five-year facility through bookrunners and mandated lead arranger Bank of Taiwan, CTBC Bank and Taiwan Cooperative Bank.
The facility is split into a NT$2.8 billion term loan and a NT$1.8 billion revolver. The tranches are priced at 82bp over the one-month to five-year Taiwanese secondary commercial paper.
Syndication saw Agricultural Bank of Taiwan, Chang Hwa Commercial Bank, First Commercial Bank, Hua Nan Commercial Bank, Mega International Commercial Bank join in as participants.
Proceeds are for debt repayment and for working capital purposes.
Vietnam
Formosa Industries Corp (Vietnam) has inked a $210 million five-year term loan on a club basis through mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ. HSBC, Mega International Commercial Bank, Mizuho Bank, Standard Chartered and SMBC.
Final allocations saw SMBC provide $50 million while Mega International Commercial Bank and Mizuho lent $40 million each. Bank of Tokyo-Mitsubishi UFJ provided $30 million, while HSBC took $20 million. ANZ and Standard Chartered contributed $15 million each.
Proceeds are for financing factory expansion.
