China onshore loan volume down 20% Y-o-Y
- Guizhou Airport Group has signed a RMB 9.4 billion facility through sole mandated lead arranger Industrial Commercial Bank of China. Syndication saw Agricultural Bank of China, Bank of China, Bank of Communications, China Construction Bank, China Merchants Bank, China Minsheng Banking Corp, and Postal Savings Bank of China come in as participants. Proceeds are to support Guiyang Longdongbao International Airport Phase III expansion project in Guizhou province, China.
- China onshore loan volume stands at $71.5 billion so far this year, down 20% from $89.2 billion borrowed in 2016 YTD.