Loan Week, February 14-20

A roundup of the latest syndicated loan market news.

China

Hangzhou Tuojiang Real Estate and Xu Bao HK have inked a $164 million-equivalent three-year term loan through bookrunners and mandated lead arrangers China Citic Bank, Hang Seng Bank, HSBC and Standard Chartered.

The debt package comprises a Rmb1 billion onshore tranche, a $225 million and a HK$741 million offshore portions. The onshore facility is borrowed through Hangzhou Tuojiang Real Estate while the offshore facility is borrowed through Xu Bao HK.

Syndication saw Mega International Commercial Bank join in as mandated lead arranger while Bank of East Asia, Chang Hwa Commercial Bank, First Commercial Bank, Ta Chong Bank and Wing Lung Bank...

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