Loan Week

Loan Week, December 9-15

A roundup of the latest syndicated loan market news.

China

Sinochem International FZE has secured a $65 million eight-year term loan on a club basis through mandated lead arrangers ANZ and Societe Generale.

Final allocations saw ANZ lend $40 million while Societe Generale contributed $25 million.

Proceeds are for ship financing purposes.

 


India

Gujarat State Petroleum Corp has obtained a $200 million 10-year term loan through sole bookrunner and mandated lead arranger SBI Capital Markets.

Final allocations saw participant Bank of India give $100 million while Bank of Baroda and Indian Bank committed $50 million each.

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