Loan Week, March 7-13

A roundup of the latest syndicated loan market news.

China

Chailease International Finance has secured a $64 million eight-year term loan via sole bookrunner Taiwan Cooperative Bank.

Chailease Finance was the guarantor of this fundraising.

Syndication saw Chang Hwa Commercial Bank, Land Bank of Taiwan and Mega International Commercial Bank join in at lower tiers.

Proceeds are for aircraft financing purposes.

Hong Kong

Sinosteel International Holding has concluded a $230 million three-year term loan through sole bookrunner Bank of Taiwan.

Morgan Stanley was the administration and security agent, and the syndication took place in both Hong Kong and Taiwan.

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