The second largest Chemical sector loan signed in China in 2017 YTD
- Zhuhai Zhongfu Enterprise has signed a RMB 2.0 billion facility through sole mandated lead arranger Bank of Communications. Syndication saw Bank of China, China Everbright Bank, and Industrial Commercial Bank of China join as participants. Proceeds are to repay existing debt and for working capital purposes.
- This is the second largest Chemical sector loan signed in China so far this year, after Anhui Haoyuan Chemical Group’s $362 million fundraising signed in January 2017.
- Chemical sector syndicated loan volume in Asia Pacific ex Japan...