China
Amenity Garden Shanghai and Enhanced Earning (Hong Kong) have secured a $165 million-equivalent four-year term loan through sole bookrunner and mandated lead arranger BNP Paribas.
The facility is split into a $150 million tranche and a Rmb93 million portion.
Syndication saw Chang Hwa Commercial Bank, CTBC Bank and Taiwan Cooperative Bank join in as lead arrangers while China Development Industrial Bank, Cosmos Bank, Far Eastern International Bank and Ta Chong Bank came in as arrangers.
Proceeds are for real estate acquisitions and refinancing purposes.
Beijing Enterprises Group (BVI) has sealed a HK$6 billion five-year term loan through joint bookrunners ANZ, Bank of China, DBS, Hang Seng Bank, HSBC, Mizuho, Standard Chartered and Wing Lung Bank.
The facility is fully underwritten by the bookrunners.
Syndication saw Bank of East Asia, Bank of Tokyo-Mitsubishi UFJ, CTBC Bank, Industrial & Commercial Bank of China, Maybank, SMBC and Taipei Fubon Commercial Bank come in as mandated leads while Bank of Taiwan, Chang Hwa Commercial Bank, E.Sun Commercial Bank, First Commercial Bank, Hua Nan Commercial Bank, Land Bank of Taiwan and Taiwan Cooperative Bank joined in as arrangers.
Proceeds are to support the acquisition of stake in China Gas Holdings and repay existing indebtedness.
China Precious Metal Resources Holdings has concluded a $90 million two-year revolving credit through sole bookrunner Taishin International Bank.
Final allocations saw the lead take $31 million while participant Jih Sun International Bank contributed $14 million. Chang Hwa Commercial Bank, Hua Nan Commercial Bank, Land Bank of Taiwan, Taiwan Business Bank and Taiwan Cooperative Bank rounded up the group with $9 million each.
Proceeds are to repay existing indebtedness and for working capital purposes.
India
Bharat Oman Refineries has inked a $70 million 6.5-year term loan through sole bookrunner and mandated lead arranger RBS.
Syndication saw Bank Muscat SAOG join in as mandated lead arranger while State Bank of India joined in as lead arranger.
Proceeds are to refinance existing indebtedness.
Bhushan Power & Steel has obtained a $56 million seven-year term loan through sole bookrunner and mandated lead arranger Axis Bank.
The single tranche facility is fully underwritten by the lead.
Syndication saw Allahabad Bank, Bank of Baroda, Bank of India, Syndicate Bank and UCO Bank join in as participants.
Proceeds are for refinancing purposes.
Malaysia
DRB-Hicom Defence Technologies has signed a MYR398 million five-year term loan through joint mandated lead arrangers AmBank and RHB Bank on a club basis.
Proceeds will be used to support the acquisition of Composites Technology Research Malaysia.
Taiwan
Thalassa Patris and Thalassa Pistis have signed a $163 million seven-year term loan via sole bookrunner CTBC Bank.
The deal is evenly split into two $81 million tranches, and has a three-year extension option.
Syndication saw Hua Nan Commercial Bank and Far Eastern International Bank come in as mandated lead arranger and arranger, respectively, while Bank of Taiwan and Chailease Finance came in as participants.
Proceeds are for capital expenditure purposes.
Ruen Chen Investment Holdings has completed a NT$19 billion three-year term loan through joint mandated lead arrangers Bank of Taiwan, E.Sun Commercial Bank, First Commercial Bank, Land Bank of Taiwan, Mega International Commercial Bank and Taiwan Cooperative Bank on a club basis.
The facility is priced at 80bp over the Taiwanese secondary market CP rate.
Proceeds are to repay existing indebtedness.
YFY has sealed a NT$5.9 billion five-year loan package through joint bookrunners Mega International Commercial Bank, Taiwan Cooperative Bank and Taipei Fubon Commercial Bank.
The facility contains a NT$5 billion revolving credit and an NT$870 term loan, but the total drawdown amount cannot exceed NT$5 billion.
Syndication saw Chang Hwa Commercial Bank, Hua Nan Commercial Bank and Yuanta Commercial Bank join in as mandated lead arrangers while Agricultural Bank of Taiwan, China Development Industrial Bank, Far Eastern International Bank and First Commercial Bank ended up at lower tiers.
Proceeds are to repay existing indebtedness and for working capital purposes.
