China's third largest loan of 2017; Major India loan

Guangzhou Metro Group, Simar Port and Star Energy Geothermal feature in Dealogic's roundup of loans activity in Asia for May 12-18.

 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
  • China syndicated loan volume stands at $36 4 billion, down 39% from the $59 9 billion borrowed...
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