China transport sector loans down; project finance up

Powerchina Roadbridge Group, Sichuan Lehan Expressway and China Power Hub Generation feature in Dealogic's roundup of loans activity in Asia for November 17 to 23.

Construction is the third largest sector in China loan market in 2017 YTD

  • Powerchina Roadbridge Group has signed a RMB 20.0 billion facility through joint mandated lead arrangers Bank of China and China Development Bank. Syndication saw Agricultural Bank of China, Industrial Commercial Bank of China, and Postal Savings Bank of China come in as participants. Proceeds are to support the construction of the Zhongshan - Kaiping Highway project on a BOTEPC basis in China.
  • This is the third largest Construction deal signed in China in 2017 YTD, behind CCCC Investment’s $4.3 billion fundraising signed in June 2017...
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