Shanghai Lanxi Enterprise has completed a $65 million three-year term loan through joint mandated lead arrangers Bank of Taiwan, First Commercial Bank and Taiwan Business Bank on a club basis.
The loan size has been increased from $60 million to $65 million.
Final allocations saw First Commercial Bank contribute $25 million, while Bank of Taiwan and Taiwan Business Bank provided $20 million each.
Proceeds are to support the upgrading of Holiday Inn Shanghai West and a plaza.
Xuzhou XCMG Schwing Machinery has secured a $132 million-equivalent three-year term loan through sole bookrunner and mandated lead arranger Credit...