IFC sets a new benchmark in HK dollar financing

At HK$17.4 billion, the loan is the largest ever done in Hong Kong.

A HK$17.4 billion fundraising for IFC Development Corp Finance was signed on March 12 via a syndicate of 33 banks, marking the largest ever Hong Kong dollar syndicated loan on record. The loan financing met with an overwhelming response from the market and the amount was increased from HK$14.8 billion.

The five-year loan was bookrun by 11 banks รป Bank of China, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Calyon, Citigroup, DBS Bank, Fortis Bank, HSBC, Mizuho...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: ifc

Print Edition

FinanceAsia Print Edition