Big construction loan in China; transport loans slow

The largest Construction sector deal signed in China in 2017 YTD

• Shanghai Metro Line 15 Development has signed a RMB 23 2 billion facility through sole mandated lead arranger Bank of China Syndication saw Agricultural Bank of China, Bank of Communications, Bank of Shanghai, China Construction Bank, China Development Bank, China Minsheng Banking Corp, Industrial & Commercial Bank of China, and Shanghai Pudong Development Bank join as participants Proceeds are to support the construction of Shanghai Metro Line 15
•  This is the largest Construction sector deal signed in China in 2017 YTD, followed by Wenzhou Oujiang Estuary Bridge’s $799 million fundraising in January 2017 and Henan Expressway Development’s $480 million facility in February 2017
•  In China,...