loan Week

Loan Week, June 21-27

A roundup of the latest syndicated loan market news.

China


Jiangsu Linggu Chemical Industry has secured a Rmb1 billion two-year term loan through sole bookrunner and mandated lead arranger Bank of China.

The single tranche facility will be repaid by quarterly instalments.

Syndication saw Bank of Jiangsu come in as arranger.

Proceeds are for general corporate purposes.

Sichuan Chengda New Chemicals has signed a Rmb2.6 billion 10.5-year term loan through sole bookrunner and mandated lead arranger Bank of China.

Syndication saw Bank of Kunlun come in as participant.

Proceeds are for capital expenditure purposes.

 

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