Australia
American Express Credit Corp (Australia) has amended a A$2 billion two-year revolving credit facility through joint bookrunners Citi, Commonwealth Bank of Australia, NAB and Westpac.
Proceeds are to amend and extend the three-year tranche of an existing loan facility that was signed in August 2011.
Malaysia
KCB Trading has secured a M$144 million four-year term loan through mandated lead arranger RHB Bank.
Syndication saw SMBC join in as participant.
Proceeds are for real estate project development purposes.
Touch ‘n Go has signed a M$150 million seven-year term loan through sole bookrunner CIMB.
Final allocation saw RHB Bank provides M$75 million while Affin Bank and Hong Leong Bank joined in by providing M$38 million each.
Proceeds are for capital expenditure and working capital purposes.
Hong Kong
BHAP HK Investment has inked a $435 million three-year term loan on a club basis through mandated lead arrangers Bank of Communications, Bank of China, DBS, Natixis, Wing Lung Bank and Standard Chartered.
The facility is guaranteed by Beijing Automotive Group and priced at 226bp over Libor.
Proceeds are for working capital and refinancing purposes.
Singapore
Berge Bulk has completed a $150 million 10-year deal through joint bookrunners and mandated lead arrangers BNP Paribas, ING and UOB (Beijing) on a club basis.
Final allocations saw the leads provide $50 million each.
Proceeds are for general corporate purposes.
EP InterOil has secured a $270 million 1.5-year term loan through sole bookrunner and mandated lead arranger BNP.
Final allocations saw the lead provide $100 million while ANZ joined in with $80 million as mandated lead arranger. Natixis pledged $50 million while Intesa Sanpaolo committed $30 as arranger. Bank of South Pacific concluded with $10 million.
Proceeds are for working capital purposes.
South Korea
Korea National Oil Corp has secured a $330 million five-year loan-style Floating Rate Note on a club basis through mandated lead arrangers ANZ, BNP, Credit Agricole, DBS, Mizuho Bank and Standard Chartered.
Proceeds are to refinance existing indebtedness.
Fellicia has sealed a W154.5 billion 10-year term loan through sole bookrunner Shinhan Bank.
Final allocations saw the lead contributes W18 billion while arranger Korea Federation of Community Credit Cooperatives lent W72.5 billion. KDB and KT Capital provided W40.9 billion and W23.1 billion, respectively.
Proceeds are for acquisition purposes.
Taiwan
Aide Energy (Cayman) Holding has secured a $65 million three-year financing through joint bookrunners and mandated lead arrangers Bank of Taiwan, First Commercial Bank, Land Bank of Taiwan and Taichung Commercial Bank.
The facility consists of a $37 million term loan and a $28 million revolver, and the maximum drawdown cannot exceed a combined $37 million.
Syndication saw Cosmos Bank and Taiwan Business Bank participate at lower tiers.
Proceeds are for refinancing purposes.
Infomedia has concluded a NT$2.5 billion one-year term loan through sole bookrunner Taipei Fubon Commercial Bank.
Syndication saw Bank of Taiwan, Cathay United Bank, Chinfon Commercial Bank, DBS, Far Eastern International Bank, Hua Nan Commercial Bank, Land Bank of Taiwan, Mega International Commercial Bank, Standard Chartered, Sunny Bank, Taiwan Business Bank, Taiwan Cooperative Bank and Taiwan Shin Kong Commercial Bank join in as participants.
Proceeds are to amend and extend an existing loan facility signed in May 2012 for one year, and for mortgage lending purposes.
