Auto & truck sector loans soar high in 2018

Baoxin Auto Finance I and Grand Baoxin Auto Group sign a $358 million loan as South East Asia's syndicated loans volume matches last year's numbers.

Asia Pacific ex Japan, Auto Truck sector loans soar high in 2018

Baoxin Auto Finance I and Grand Baoxin Auto Group has signed a $358 million facility through joint bookrunners and mandated lead arrangers China CITIC Bank, Export-Import Bank of China, First Abud Dhabi Bank and Standard Chartered Bank. Syndication saw State Bank of India joining as mandated lead arranger while Agricultural Bank of China, Bank of East Asia, Bank of Shanghai Co, Chiyu Banking Corp, Korea Development Bank, Luso International Banking and Taiwan Cooperative Bank came in as arrangers. Proceeds are to refinance existing debt and for general corporate purposes.

In China, Auto Truck sector...

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