China, Southeast Asia syndicated loans hit new heights

China syndicated loan volume up 27% Y-o-Y 

• Tibet Julong Copper has signed a RMB 10.5 billion facility through sole mandated lead arranger Bank of China. Syndication saw Bank of Tibet, China Development Bank, China Minsheng Banking Corp, Industrial Commercial Bank of China and Shanghai Pudong Development Bank join as participants. Proceeds are to support the Qulong copper mining and polymetallic mining project in Lhasa, Tibet, China.
• China syndicated loan volume stands at $170.9 billion via 397 deals in 2016, up 27% from $134.4 billion borrowed in 2015.
• Asia Pacific ex Japan syndicated loans volume totals $501.0...