China Finance sector syndicated loan volume at highest full-year level on record
- China Development Bank has signed a GBP1.0 billion facility through joint bookrunners and mandated lead arrangers Bank of China, Bank of Communications, China Merchants Bank and HSBC. Syndication saw BNP Paribas and Standard Chartered Bank join as arrangers. Proceeds are to support projects in London.
- This was the second largest Finance sector deal signed in China in 2016, behind China Cinda Asset Management’s $5.0 billion facility signed in February 2016.
- In China, Finance sector loan volume stands at $12.2 billion...