Loan Week

Loan Week, June 7-13

A roundup of the latest syndicated loan market news.

China


Citic Pacific has signed a $330 million four-year term loan through joint bookrunners Mega International Commercial Bank, Taipei Fubon Commercial Bank and Taiwan Cooperative Bank.

The facility is priced at 238bp over Libor.

Syndication saw the lead Taipei Fubon Commercial Bank hold $104 million while Mega International Commercial Bank and Taiwan Cooperative Bank pledged $40 million each. Mandated lead arrangers Bank of Taiwan and Bank SinoPac committed $30 million each while participants Hua Nan Commercial Bank and Land Bank of Taiwan came in with $20 million each. Chang Hwa Commercial Bank, Far Eastern International Bank, First Commercial Bank and Taiwan Business...

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