loan-week-december-410

Loan week, December 4-10

A roundup of the latest syndicated loan market news.

Hong Kong

Hutchison Telecommunications Hong Kong Holdings' HK$5 billion term loan was signed last week via mandated lead arrangers Bank of China, Calyon, DBS Bank, HSBC and Sumitomo Mitsui Banking Corp on a club basis.

The leads each committed HK$750 million, except for DBS Bank, which pledged HK$2 billion.

Proceeds are believed to be for the refinancing of a HK$5.2 billion facility signed in May 2009 and for general corporate purposes.

A $300 million dual tranche facility for Wingate Overseas Holdings was upsized from $250 million and conmpleted on December 8 via mandated lead arrangers and bookrunners Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Cathay United Bank, Chinatrust Commercial Bank,...

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