DBCT Finance’s A$300 million one-year secured term loan has been signed via mandated lead arrangers Citibank and HSBC.
Proceeds are to support a coal terminal project in
Axis Bank secured an Rs8.0 billion 16-year term loan for Essel Ahmedabad Godhra Toll Roads earlier this month.
Bookrunner Axis Bank committed Rs1.8 billion, while Corporation Bank and Punjab National Bank took Rs1.7 billion each. Bank of Baroda held Rs1.3 billion, while Dena Bank and India Infrastructure Finance Co (IIFCL) ended up with Rs750 million apiece.
Proceeds are to support a highway construction project in the state of
A Rs15.1 billion 12-year term loan for Ghaziabag Aligarh Expressway was sealed on Jauary 13 via sole bookrunner and mandated lead Axis Bank.
The facility was fully underwritten and is sponsored by Galfar Engineering & Construction,
Syndication saw Allahabad Bank, Bank of Baroda, Bank of India, Canara Bank, Dena Bank, Federal Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, South Indian Bank, State Bank of Travancore, Syndicate Bank,
Proceeds are to support a highway project in the state of
GVRMP Whagdhari Ribbanpally Tollway’s Rs2.1 billion 14-year term loan has been secured by sole bookrunner and mandated lead arranger SBI Capital Markets.
The facility was fully underwritten and will be repaid in 46 quarterly installments after a seven-month grace period.
The lead gave Rs1.2 billion, while participants Karnataka Bank, State Bank of
Proceeds are for a highway improvement project in Gulbarga District.
Kingfisher Airlines’ Rs74.8 billion dual-tranche facility has been signed via sole bookrunner and mandated lead arranger SBI Capital Markets.
The deal consists of a Rs60.0 billion nine-year term loan and a Rs14.8 billion one-year revolver.
Axis Bank, Bank of Baroda, Bank of India, Central Bank of India, Corporation Bank, Federal Bank, ICICI Bank, IDBI Bank, Indian Overseas Bank, IndusInd Bank, Jammu & Kashmir Bank, Punjab National Bank, Punjab & Sind Bank, State Bank of India, State Bank of Mysore,
Proceeds are to refinance existing indebtedness, for capital expenditure and working capital purposes.
A Rs18.3 billion 15-year term loan for Lanco Kondapalli Power was signed last week via sole bookrunner Axis Bank.
Final allocations saw the lead lend Rs3.8 billion, while participant IDFC pledged Rs6.0 billion. Andhra Bank and Life Insurance Corp of India gave Rs3.0 billion each, while Canara Bank and Bank of Baroda provided Rs2.0 billion and Rs500 million respectively.
Proceeds are to support a 732 MW gas fired combined cycle power plant in
PT Huawei Tech Investment successfully secured a $270 million two-year receivable financing facility last week, under a unique funded risk participation structure, via sole mandated lead arranger Standard Chartered Bank (
With 60% cover by Sinosure, the bullet facility saw Standard Chartered Bank (Indonesia) and Bank of China take $108 million each, while Standard Chartered Bank (Hong Kong) came in with $54 million.
Proceeds are for the purchase of receivables due to PT Huawei Tech Investment from one of
The bullet loan is to support the M$23.0 billion acquisition of
Pocheon Power obtained a W1.2 trillion project financing in late December via sole bookrunner and mandated lead arranger Korea Development Bank.
The debt package is split into two 16.25-year tranches of W366.5 billion and W280.0 billion; a W120.0 billion 21-year subordinated portion; and a W205.0 billion four-year credit line facility.
Syndication saw Allianz Life Insurance, Dongbu Life Insurance, KDB Life Insurance, Korea Finance Corp, Korea Life Insurance, KT Capital, LIG Insurance, Meritz Fire & Marine Insurance, Pusan Bank, Samsung Fire & Marine Insurance and Woori Bank join in as participants.
Proceeds are to support the development of a power plant in
AEON
The term loan is split into a ¥500 million four-year tranche and a $30 million three-year portion.
Syndication saw Hachijuni Bank coming in as a participant.
Proceeds are for general corporate purposes.
Etron Technology’s NT$2.0 billion five-year fundraising was completed on January 17 via sole bookrunner Taiwan Cooperative Bank.
The five-year deal comprises two term loans of NT$600 million and NT$200 million, and a NT$1.2 billion revolver, which are priced at 90bp over the secondary CP rate.
Land Bank of
Proceeds are for refinancing and working capital purposes.
Genesis Photonics and its Samoa-incorporated subsidiary Elite State Holdings successfully obtained a $44 million-equivalent financing on January 19 via a consortium of eight bookrunners and mandated lead arrangers.
The five-year debt package consists of a NT$1.0 billion term loan, which features a two-year extension option and a $10 million portion borrowed via Elite State Holdings.
The leads were Chang Hwa Commercial Bank, Chinatrust Commercial Bank, First Commercial Bank, Land Bank of Taiwan, Mega International Commercial Bank, Taichung Commercial Bank, Taiwan Business Bank and Yuanta Commercial Bank. Hua Nan Commercial Bank and Taiwan Cooperative Bank came in as participants.
Proceeds are for capital expenditure and working capital purposes.
A NT$1.5 billion revolving credit for Jih Sun International Leasing & Finance was signed on January 14 via bookrunners Agricultural Bank of
The three-year revolver is priced at 162.5bp over the 90-day secondary CP rate.
Final allocations saw the leads take NT$180 million each, while co-arrangers Bank of Kaohsiung and Yuanta Commercial Bank joined in with NT$150 million apiece. Participants Chang Hwa Commercial Bank, Shanghai Commercial & Savings Bank and Taichung Commercial Bank rounded out the syndicate with NT$100 million each.
Proceeds are for working capital purposes.
A NT$330 million five-year facility for Ta Hsiang Container was signed last week via sole bookrunner and mandated lead arranger E Sun Commercial Bank.
The facility is split into a NT$275 million term loan and a NT$55 million revolver, which are priced at 150bp and 160bp over the one-year post office savings rate.
Final allocations saw the lead contribute NT$120 million, while participant Taiwan Business Bank pledged NT$90 million. First Commercial Bank and Yuanta Commercial Bank joined in with NT$60 million each.
Proceeds are for capital expenditure and working capital purposes.
A $40 million-equivalent project financing for Interflour Vietnam has been completed on a club basis via mandated lead arrangers
The five-year transaction consists of a $10 million tranche, a $15 million-equivalent Vietnamese Dong portion and a $15 million portion. The first two tranches are priced at 260bp over Libor, while the latter one offers a margin of 275bp over the same rate.
Proceeds are to support the construction of a port terminal and for the expansion of its flour mills.
