Indonesia sees its largest loan year to date

China offshore loans increase 3% YoY

• Shui On Development Holdings has signed a $480 million term loan through joint bookrunners and mandated lead arrangers Standard Chartered Bank and Bangkok Bank. Syndication saw Bank of Communications, China Everbright Bank, Cinda Securities, and Maybank came in as mandated lead arrangers while Bank of China, China Guangfa Bank, Dah Sing Bank, East West Bancorp Inc and Xiamen International Bank joined as arrangers. Proceeds are to repay existing debt and support future acquisition, also for general corporate purposes and capital expenditure purposes.

• China offshore syndicated loan totals $46.1 billion in 2018...