loan-week-january-915

Loan week, January 9-15

A roundup of the latest syndicated loan market news.
China

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.

India

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,...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222