Citic Pacific awards mandate for HK$2.4 billion facility

Citic Pacific has mandated six banks as coordinating arrangers for a HK$2.4 billion revolving credit/term loan facility. The arranger group comprising of Bank of China, Bank of Communications, Bank of Tokyo-Mitsubishi, BNP Paribas, Commerz (East Asia) and ICBC (Asia) will fully underwrite the facility, which will be launched into general syndication on July 18. Bank of China is the publicity agent for the transaction.