Transportation leads China syndicated loan volume
- Jinan City Metro Network Group Construction Investment has signed a RMB 11.2 billion facility through sole mandated lead arranger China Development Bank. Syndication saw Bank of China, China Construction Bank, China Merchants Bank, Postal Savings Bank of China, and Qilu Bank join in as participants. Proceeds are to support the construction of Jinan Metro Network R3 line Phase 1 in Jinan, Shandong, China.
- Transportation sector leads the China syndicated loan market with $12.4 billion signed in 2017 YTD, accounting for 29% of China’s total loan volume.
- In Asia Pacific ex...