China, SE Asia loan volumes plunge

Tongxiang Puyuan Tourism, PT Perkebunan Nusantara No 5 (PTPN 5) and Ecom Agroindustrial Asia feature in Dealogic's roundup of loans activity in Asia for April 14 to 20.

China onshore loan volume down 57% Y-o-Y

  • Tongxiang Puyuan Tourism has signed an RMB2.2 billion facility through joint bookrunners and mandated lead China CITIC Bank and China Development Bank on a club basis. Proceeds are to support the development of Puyuan Historical Town in Tongxiang City, Zhejiang Province, China.
  • China onshore loan volume stands at $13.2 billion so far this year, down 57% Y-o-Y and marking the lowest YTD level since 2014 $9.3 billion.
  • China syndicated loans volume totals $22.3 billion in 2017 YTD, down 42% from $38.3 billion borrowed in 2016 YTD....
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