loan-week-may-18

Loan week, May 1-8

A roundup of the latest syndicated loan market news.
China

Chailease International FinanceÆs RMB210 million three-year term loan was signed last Wednesday after the borrower decided to close the loan instead of waiting for commitments to reach Rmb300 million. Parent company, Chailease Finance Co is acting as the guarantor.

Sole mandated lead arranger and bookrunner Mizuho Corporate Bank committed Rmb80 million while lead arranger Agricultural Bank of China Shanghai branch and arranger First Sino Bank joined in with Rmb100 million and Rmb30 million respectively.

The deal is priced at 110% of the PBOC rate and has a commitment fee of 15bp. Proceeds are for general working capital purposes.


A $115 million 10-year debt package for ChangJiang Shipping Group Phoenix has been...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222