Bangladesh
Biman Bangladesh Airlines has obtained a $62 million five-year financing through sole bookrunner and mandated lead arranger Standard Chartered.
Syndication saw Eastern Bank come in as an arranger while AB Bank, BRAC Bank, Dhaka Bank, International Finance Investment & Commerce Bank, Mutual Trust Bank, National Bank, Prime Bank, Sonali Bank, The City Bank and The Premier Bank joined in as participants.
Proceeds are to refinance existing indebtedness.
Chile
Banco de Credito e Inversiones has secured a $115 million two-year facility through bookrunners and mandated lead arrangers Bank of Taiwan and Mizuho.
Final allocations saw Mizuho contribute $73 million while Bank of Taiwan held $24 million. Arrangers Chang Hwa Commercial Bank, Export-Import Bank of the Republic of China and Hua Nan Commercial Bank lent $5 million each while Shanghai Commercial & Savings Bank took $3 million.
Proceeds are for general corporate purposes.
Hong Kong
GH Water Supply (Holdings) has successfully secured a HK$1.3 billion three-year term loan through mandated lead arrangers Bank of China (Hong Kong), HSBC, ICBC (Asia) and Nanyang Commercial Bank.
Proceeds are to repay debt.
ICICI Bank UK signed a €40 million two-year term loan on a club basis through mandated lead arrangers Commerzbank and DZ Bank.
Final allocations saw Commerzbank commit €30 million while DZ Bank held €10 million.
Proceeds are for general corporate purposes.
South Korea
JJ Construction has completed a W55 billion financing through sole bookrunner and mandated lead arranger Shinhan Bank.
Final allocations saw the lead contribute W35 billion while participant National Credit Union Federation of Korea joined in with W20 billion.
Proceeds are to support the company’s property development projects.
New Songdo International City Development has obtained a W58 billion two-year financing through bookrunner and mandated lead arranger Shinhan Bank.
The facility comprises a W37 billion term loan and a W21 billion term loan.
Syndication saw the lead commit W21 billion while participants Hanwha Merchant Bank, Moa Savings Bank and Namyang Mutual Savings Bank joined in with W30 billion, W4.5 billion and W2.5 billion, respectively.
Proceeds are to refinance a W145 billion two-year facility signed in November 2009.
Taiwan
Winbond Electronics Corp has concluded a NT$5 billion three-year term loan through mandated lead arrangers and bookrunners Chinatrust Commercial Bank, DBS, First Commercial Bank and Taishin International Bank.
Syndication saw China Development Bank join in as a lead arranger while Chang Hwa Commercial Bank, E.Sun Commercial Bank, EnTie Commercial Bank, Shanghai Commercial & Savings Bank and Ta Chong Bank came in at lower levels.
Proceeds are for refinancing and general corporate purposes.
Thailand
Aeon Thana Sinsap (Thailand) has obtained a ¥13 billion three-year financing through sole bookrunner Mizuho. The facility was oversubscribed.
Syndication saw Hachijuni Bank join in as a participant.
Proceeds are for working capital purposes.
