Australia
Link Administration has secured a A$951 million two-year term loan on a club basis through mandated lead arrangers Bank of America Merrill Lynch, Barclays, Citi, Commonwealth Bank of Australia, Credit Agricole, Deutsche Bank, Goldman Sachs, JPMorgan, Macquarie, Morgan Stanley, NAB, UBS and Westpac.
Proceeds are to refinance existing indebtedness.
Olam Orchards Australia and Olam Australia have completed a A$350 million five-year term loan on a club basis through mandated lead arrangers ANZ, Commonwealth Bank of Australia, DBS, HSBC, ING, NAB and Westpac.
Proceeds are to refinance existing indebtedness.
China
Haerbin Wanda Plaza Investment has sealed a Rmb800 million three-year term loan through sole bookrunner and mandated lead arranger Bank of China.
The guarantor is Dalian Wanda Commercial Real Estate and the loan is priced at 115% of PBOC rate.
Final allocations saw the lead give Rmb500 million while ICBC lent Rmb 300 million as participant.
Proceeds are to support the construction of Haerbin Wanda Plaza.
Shanghai Qingyuan Real Estate Development has signed a Rmb500 million three-year term loan through sole bookrunner and mandated lead arranger Bank of China.
Syndication saw ICBC joined in as participant.
Proceeds are for capital expenditure.
Tianjin Xinsheng Yuanda Investment has secured a Rmb4.9 billion term loan for seven-year term loan through sole bookrunner and mandated lead arranger Bank of China.
The guarantor is Tianjin Jinnan City Construction Investment and the facility is priced at 105% of PBOC rate.
Syndication saw Agricultural Bank of China, China Merchant Bank and Bank of Tianjin come in as participants.
Proceeds are for capital expenditure.
Hong Kong
Hui Xian Investment has obtained a HK$5 billion three-year term loan on a club basis through mandated lead arranger Bank of China, China Construction Bank, DBS, Hang Seng Bank, HSBC and Shanghai Pudong Development Bank.
Final allocations saw Bank of China, China Construction Bank, Hang Seng Bank and Shanghai Pudong Development Bank join commit HK$1 billion each while DBS and HSBC pledged HK$500 million apiece.
Proceeds are for refinancing and general corporate purposes.
Kobelco Angang Auto Steel has obtained a Rmb515 million seven-year term loan through sole bookrunner and mandated lead arranger Mizuho.
The financing is guaranteed by Kobe Steel.
Syndication saw Bank of Tokyo-Mitsubishi UFJ join in as lender.
Proceeds are for general corporate purposes.
India
Solar Semiconductor Power Co (India) has completed a Rs1.4 billion six-year six-month term loan through sole bookrunner and mandated lead arranger Axis Bank.
The deal was fully underwritten by Axis Bank.
Final allocations saw the lead contribute Rs680 million while Aditya Birla Finance with a hold of Rs680 million.
Proceeds are to repay existing indebtedness.
Taiwan
Leatec Fine Ceramics has inked a NT$412 million three-year guaranteed facility through bookrunners and mandated lead arrangers Shin Kong Bank and Ta Chong Bank.
The proceeds are to guarantee a convertible bond.
Top Food Industry has completed a NT$1 billion loan package through joint bookrunners and mandated lead arrangers Bank of Taiwan, E Sun Bank and Taiwan Cooperative Bank.
Syndication saw Chang Hwa Bank, First Bank, Hua Nan Bank, Land Bank of Taiwan and Yuanta Bank join in as lower tiers.
Proceeds are for refinancing and working capital purposes.
