Loan Week

Loan Week, May 17-23

A roundup of the latest syndicated loan market news.

China


Daiwa House Wuxi Real Estate Development has signed a Rmb238 million three-year term loan through sole bookrunner and mandated lead arranger Bank of Tokyo-Mitsubishi UFJ.

The facility offers a margin of 130% over the PBoC rate.

Final allocations saw the lead take Rmb100 million while participant China Merchants Bank provided Rmb138 million.

Proceeds are for the development of the Wubo Yuan real estate project.

Shenzhen Yantian Tug has concluded a Rmb300 million three-year financing through sole bookrunner and mandated lead arranger Bank of China.

Syndication saw China Development Bank and ICBC join...

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