Loan Week, March 21-27

A roundup of the latest syndicated loan market news.

China

North United Power has inked a Rmb290 million one-year term loan through sole bookrunner and mandated lead arranger Bank of China.

The facility is priced at a fixed rate of 6%.

Final allocations saw the lead takes Rmb200 million while participant China Development Bank contributed the rest.

Proceeds are for general corporate purposes.

Hong Kong

Easy Merit Holdings has obtained a $475 million five-year term loan on a club basis through mandated lead arrangers China Construction Bank, HSBC and RBS.

The facility is split into a $246 million tranche and...

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