loan-week-january-1521

Loan week, January 15-21

A roundup of the latest syndicated loan market news.

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,...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222