A Rmb700 million dual tranche package for ECM Property Holding has been signed via mandated lead arrangers DBS and HSBC on a club basis. The deal is split into five-year credit facilities of Rmb531 million and Rmb169 million.
Final allocations saw DBS holding Rmb400 million, while HSBC contributed Rmb300 million. Proceeds are for acquisition and working capital purposes.
ReneSola’s Rmb800 million five-year loan has been completed via China Construction Bank.
Proceeds are to support the construction and development of the company's polysilicon production facility in Meishan, Sichuan province.
An $80 million three year credit facility for Yingli Energy China was sealed...