China loan volume down; Big India construction loan

Hubei United Development Investment Group; UltraTech Cement and Gunvor Singapore feature in Dealogic's roundup of loans activity in Asia for June 30 to July 6.

China loan volume down 21% YoY

  • Hubei United Development Investment Group has signed a RMB4.7 billion facility through sole mandated lead arranger China Development Bank. Syndication saw Agricultural Bank of China, Bank of Communications, China Construction Bank, China Everbright Bank, and China Guangfa Bank joined as participants. Proceeds are to support the construction of Ezhou-Xianning expressway in Hubei Province, China.
  • China syndicated loan volume totals $73.9 billion via 216 deals in 2017 YTD, down 21% from $93.7 billion borrowed in the same period of time of 2016.
  •  In Asia Pacific ex Japan,...
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