The third largest deal signed in China in 2017 YTD
- Guangzhou Metro Group has secured a RMB 17.0 billion facility through sole mandated lead arranger Bank of China. Syndication saw Bank of Communications join as arranger while Agricultural Bank of China, China Construction Bank, China Everbright Bank, and Postal Savings Bank of China came in as participants. Proceeds are for capital expenditure purposes.
- This is the third largest syndicated loan signed in China so far this year, after Tencent Asset Management’s $4.7 billion facility and Shenzhen Metro Group’s $3.2 billion facility, both signed in March 2017.