loan-week-august-18--august-24

Loan Week, August 18 - August 24

A round up of the latest syndicated loan market news.
China

San Miguel Guangdong Foods and Beverages has successfully raised Rmb235 million via four banks. Mandated arrangers Standard Chartered Bank committed Rmb45 and million, Bank of China Foshan, Bank of Tokyo-Mitsubishi UFJ Shenzhen and Mizuho Corporate Bank Shenzhen joined with tickets of Rmb65 million apiece.

Allocations for Zhenjiang Union Chemical Industry and Zhuhai Unicizer IndustrialÆs $100 million renminbi equivalent revolving credit have been finalised. Mandated lead arrangers BNP Paribas and Mizuho Corporate Bank Shanghai saw nine banks join in general syndication.

The mandated lead arrangers ended up with holds of $13.8 million each. Lead arrangers are Industrial Commercial Bank of China and Bank of Communications taking $13.8 million and $12 million respectively. Co-arrangers...
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