Bumper construction loan; finance sector slow

NorthernPathways Finance, CCCC Investment and State Bank of India (Hong Kong) feature in Dealogic's roundup of loans activity in Asia for June 23-29.

Construction is the third largest sector in Asia-Pacific ex Japan in 2017 YTD

  • NorthernPathways Finance has signed an A$742 million facility through joint mandated lead arrangers ANZ, Commonwealth Bank of Australia, Investec Australia, and Macquarie Corporate Holdings on a club basis. Proceeds are to support the A$742 million PPP project that entails the construction of a correctional center with the capacity of 1700 inmates in Grafton, New South Wales, Australia.
  • This is the largest Construction sector loan signed in Australia so far this year, followed by Ventia’s $301 million fundraising signed in March 2017 and Metronode’s $134 million...
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