China
Sinopec Sabic Tianjin Petrochemical (SSTPC), a 50-50 joint venture between Saudi Basic Industries Corp (Sabic) and China Petroleum & Chemical Corp (Sinopec), successfully secured an Rmb18 3 billion dual-tranche facility earlier this week via Agricultural Bank of China, Bank of China, China Construction Bank, China Development Bank, Industrial & Commercial Bank of China and Sinopec Finance
The financing was split into a Rmb12 3 billion long-term portion and a Rmb6 billion working capital facility
Proceeds are to finance the operation of a petrochemical complex in Tianjin, China
Hong Kong
Novel Good's HK$4 9 billion loan has been signed via mandated arrangers Bank of China, China Construction Bank,...
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