China syndicated loan volume up 37% Y-o-Y
- Zhuhai Hegang Highway has secured a RMB 6.0 billion facility through sole mandated lead arranger China Development Bank. Syndication saw Agricultural Bank of China, Bank of Communications, and Industrial Commercial Bank of China join as participants. Proceeds are to finance the construction of Hegang Highway in Guangdong province, China.
- This is the second largest Transportation sector deal signed in China in 2018 YTD, after Foshan Rail Transit Line 3 Development’s $3.9 billion facility signed in January 2018.
- In China, syndicated loan volume stands...