China
North United Power has sealed a Rmb 450 million one-year revolving credit through sole bookrunner and mandated lead arranger Bank of China.
Final allocations saw the lead contribute Rmb 300 million while China Development Bank held Rmb 150 million.
Proceeds are for working capital purposes.
Inner Mongolia Xiduo Railway has completed a Rmb 1 billion 14-year term loan through sole bookrunner and mandated lead arranger Bank of China.
The financing is priced at PBOC rate.
Final allocations saw the lead provide Rmb 700 million while China Development Bank gave Rmb 300 million.
Proceeds are for capital expenditure purposes.
Wuxi Languang Hejun Properties has signed a Rmb 450 million two-year and six-month term loan through sole bookrunner and mandated lead arranger Bank of China.
The transaction is priced at 110% PBOC rate and guaranteed by Sichuan Languang Hejun Group.
Final allocations saw the lead commit Rmb 290 million while ICBC gave Rmb 160 million.
Proceeds are for capital expenditure purposes.
India
Industrial Energy has inked a Rs8 billion 15-year term loan through bookrunner and mandated lead arranger HDFC Bank.
Final allocation saw the lead give Rs3.5 billion while IDFC and Kotak Mahindra Bank joined in with Rs2.3 billion apiece.
Proceeds are for capital expenditure purposes.
South Korea
Industrial and Commercial Bank of China (Seoul) has signed a $163 million three-year term loan through sole bookrunner and mandated lead arranger Mizuho Bank.
Syndication saw Abu Dhabi Commercial Bank join in as lead arranger while Arab Banking Corp, Doha Bank and National Bank of Kuwait came in as arrangers. Land bank of Taiwan, Oberbank, and KEXIM Asia concluded the syndicate as lead managers.
Proceeds are for general corporate purposes.
Woori Bank has sealed a $500 million loan through joint mandated lead arrangers Bank of America, Citi, Commerzbank, Credit Agricole CIB, HSBC, Societe Generale, Standard Chartered Bank and Wells Fargo Bank on a club basis.
The facility split into a one-year portion, a two-year credit, a three-year tranche.
Proceeds are for general working capital purposes.
Taiwan
Tycoons Group Enterprise has completed a NT$1 billion debt package through joint bookrunners and mandated lead arrangers Chang Hwa Commercial Bank, First Commercial Bank and Taiwan Cooperative Bank.
Final allocation saw First Commercial Bank give NT$500 million while Chang Hwa Commercial Bank and Taiwan Cooperative Bank both gave NT$200 million. Agricultural Bank of Taiwan concluded the syndicate with NT$100 million.
Proceeds are to repay existing indebtedness and for working capital purposes.
