Loan Week, January 10-16

A roundup of the latest syndicated loan market news.

China

China SCE Property Holdings has signed a HK$500 million four-year credit facility through joint mandated lead arrangers HSBC, ICBC and Luso International on a club basis.

Proceeds are for general corporate purposes.

Tangshan Iron and Steel has secured a $800 million two-year term loan through sole bookrunner and mandated lead arranger Deutsche Bank.

Syndication saw ABN Amro, BNP Paribas, Rabobank, DBS, HSBC, ING, Natixis, Societe Generale, Standard Chartered and United Overseas Bank join in as mandated lead arrangers.

Proceeds are for steel pre-payment.

Zhongyue Industrial Material has obtained a...

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