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 HK$400 million two-year credit facility on a club basis through mandated lead arrangers HSBC and ICBC

Final allocations saw the arrangers provide HK$200 million apiece

Proceeds...

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