Nanjing Walsin MetalÆs Rmb280 million one-year revolver has been completed via mandated lead arranger and bookrunner BNP Paribas.
The bookrunner provided Rmb112 million, while lead arrangers Oversea-Chinese Banking Corp and United Overseas Bank took Rmb104 million and Rmb64 million respectively.
Guaranteed by the Taiwan parent company, Walsin Lihwa Corp, the deal pays a spread of 105% of the six-month PBOC rate and has a commitment fee of 15bp if the usage is less than 50%.
Proceeds are to extend an existing facility signed in October 2006.
City Realty DevelopmentÆs Rs5.5 billion fundraising has been closed via sole mandated lead arranger and bookrunner IDBI Bank.
Syndication saw Bank of India, Central Bank of India,...