The third largest deal signed in China this YTD
- CCCC Jianjijiao Highway Investment Development has secured a RMB29.3 billion facility through a sole mandated lead arranger China Construction Bank. Syndication saw Agricultural Bank of China, Bank of China, and Industrial Commercial Bank of China join as participants. Proceeds are to support the construction of 5 sections of the Taihang Mountain highway.
- This is the third largest deal signed in China so far this year, after Alibaba Group Holding’s $5.2 billion fundraising signed in April 2017 and Tencent Asset Management’s $4.7 billion facility signed in March 2017.