loan-week-january-2228

Loan week, January 22-28

A roundup of the latest syndicated loan market news.

Hong Kong

Esprit Corporate Services' HK$2.6 billion five-year self-arranged fundraising was heavily oversubscribed to HK$6.5 billion and is expected to be signed in mid-February via a consortium of 13 coordinating arrangers.

The five-year term loan offers a spread of 65bp over one-, two-, three- or six-month Hibor.

The coordinating arrangers are ANZ, Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas Hong Kong, Chinatrust Commercial Bank, Citi, Deutsche Bank Hong Kong, HSBC, Mizuho Corporate Bank Hong Kong, Oversea-Chinese Banking Corp Hong Kong, Standard Chartered Bank Hong Kong, Sumitomo Mitsui Banking Corp and UBS AG.

Proceeds are to support Esprit China Distribution's acquisition...

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