Loan week, July 30-Aug 5

A roundup of the latest syndicated loan market news.

Hong Kong

Far Eastern Hong Xin's $162 million three-year term loan has been signed via sole bookrunner Sumitomo Mitsui Banking Corp, Bank of East Asia, China Development Bank, Commonwealth Bank of Australia and Wing Lung Bank joined as mandated lead arrangers. The deal was upsized from $100 million.

Dah Sing Bank was the lead arranger while Cathay Bank, KBC Bank, and Shanghai Pudong Development Bank came in as arrangers.

Proceeds are to finance the acquisition of leasing assets and related capital outlays.

India

3i Infotech Financial Software's $105 million dual-tranche term loan was been completed via sole bookrunner AXIS Bank.

The package comprises a $50 million...

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