China
CIFI Holdings (Group) has obtained a $120 million-equivalent three-year term loan through sole bookrunner and mandated lead arranger Standard Chartered.
The facility comprises of a $100 million tranche and a HK$156 million portion.
Final allocations saw the lead commit $45 million while HSBC came in with $35 million as mandated lead arranger. Bank of Shanghai joined in with $20 million while Hang Seng Bank came in with HK$156 million.
Proceeds are for general corporate purposes.
Hong Kong
Minsheng Bluesky Leasing Corp has completed a $200 million two-year term loan through bookrunners and mandated lead arrangers Deutsche Bank.
Final allocations saw the lead lend $115 million while Bank of China joined in with $40 million as mandated lead arranger. Al Ahli Bank of Kuwait came in with $25 million while Chong Hing Bank concluded the syndicate with $20 million.
Proceeds are to refinance existing indebtedness.
India
Adani International Container Terminal has obtained a $128 million-equivalent deal through sole bookrunner and mandated lead arranger Axis Bank.
The credit is consists of a Rs5 billion 12-year portion and a $50 million 10-year tranche.
Syndication saw Aditya Birla Finance, L&T Infrastructure Finance Company and Vijaya Bank join in as lenders.
Proceeds are to repay existing indebtedness and for capital expenditure purposes.
Indonesia
Sarana Multi Infrastruktur (Persero) has exercised a $25 million accordion feature through sole bookrunner and mandated lead arranger Standard Chartered.
The original $150 million loan was signed in Nov 2014.
Final allocations saw Bank Mandiri provided $6 million as mandated lead arranger while Bank of East Asia and Chang Hwa Commercial Bank pledged $9 million each as arrangers.
Proceeds are to support the development of projects.
Taiwan
HCP Global and HCP Packaging Hong Kong have signed a $360 million five-year loan package through bookrunners and mandated lead arrangers Cathay United Bank, CTBC Bank, Taipei Fubon Commercial Bank, Taishin International Bank.
The facility is split into a $330 million term loan and a $30 million revolver.
Syndication saw DBS, E Sun Commercial Bank, Far Eastern International Bank, Mega International Commercial Bank, Mizuho, Siemens Financial Services, Ta Chong Bank, Shanghai Commercial & Savings Bank, Taichung Commercial Bank joined in as lenders.
Proceeds are for dividend payment and general corporate purposes.
Lite-On Semiconductor Corp has amended a NT$1.5 billion three-year revolver through sole bookrunner and mandated lead arranger CTBC Bank.
The facility is priced at 67.5bp over Taibor with a floor of 150bp.
Syndication saw Far Eastern International Bank join in as mandated lead arranger while Bank SinoPac and Taiwan Cooperative Bank joined in as co-arranger. Chang Hwa Commercial Bank concluded the syndicate as manager.
Proceeds are to amend an existing indebtedness signed in June 2012 and for working capital purposes.
Golden Fu-King Industries has sealed a NT$710 million financing through sole bookrunner and mandated lead arranger Taiwan Cooperative Bank.
The transaction comprises of a NT$450 million five-year term loan and a NT$260 million three-year revolver.
Syndication saw Agricultural Bank of Taiwan, Bank of Panhsin, Cota commercial bank, Hua Nan commercial Bank, Kaohsiung Business Bank, Taiwan Business Bank come in as participants.
Proceeds are for refinancing and working capital purposes.
