Loan week, September 24-29

We are running the weekly roundup of the latest syndicated loan market news a day earlier than normal as we will take a break from publishing on October 1 – China's National Day. Our next newsletter will come out on Monday, October 4.

China

Dongfeng Nissan Auto Finance’s Rmb1.5 billion multi-tranche financing was inked on September 29 via sole bookrunner Standard Chartered Bank China.

The three-year deal is split into an Rmb850 million revolving credit, a Rmb200 million term loan and a Rmb400 million tranche. The first two tranches are priced at 83% of the PBOC rate, while the latter portion is priced at 83.5% of the PBOC rate.

Syndication saw mandated lead arrangers China Citic Bank Shanghai give Rmb500 million...

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