Loan week, August 24-30

A roundup of the latest syndicated loan market news.

China

Bookrunners and mandated lead arrangers Bank of Taiwan, Chang Hwa Commercial Bank, E Sun Commercial Bank, Hua Nan Commercial Bank, Mega International Commercial Bank, Mizuho, Taipei Fubon Bank and Taiwan Cooperative Bank, mandated lead arranger Yuanta Commercial Bank and participant Export-Import Bank of the Republic of China have jointly arranged four deals Formosa Plastics Polyethylene Ningbo Corp’s $114 million five-year term loan, Formosa Chemicals Phenol Ningbo Corp’s $95 million five-year term loan, Nan Ya Plastics Ningbo Corp’s $64 million five-year term loan and Nan Ya Circuit KunShan Corp’s $117 million five-year term loan. The facilities are priced at 110bp over three- or six-month Libor,...

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