China Everbright Environmental Energy has obtained a $100 million five-year B-loan facility through bookrunners and mandated lead arrangers Mizuho and Hang Seng Bank.
The financing, arranged through an AB-loan structure, comprises a $100 million ADB-direct loan A-loan and a $100 million commercial portion B-loan. The borrower signed the A-loan in 2009.
Final syndication saw Bank of Kaohsiung, Cathay United Bank, Chang Hwa Commercial Bank and Export Development Canada join in as arrangers.
Proceeds are for the waste treatment development projects located in the Yangtze River Delta.
China Resources Land has obtained a $167...