Sinobiz Holdings has sealed a $200 million one-year term loan on a club-basis through mandated lead arrangers ABN Amro, DBS, Deutsche Bank, HSBC, Natixis and United Overseas Bank.
The facility is priced at 275bp over Libor with a two-month grace period.
Final allocations saw Deutsche Bank pledge $45 million while ABN Amro, DBS and Natixis lent $40 million each. UOB committed $20 million while HSBC ended up with $15 million.
Proceeds are for structured commodity financing.
Vidarbha Industries Power has secured a dual-tranche facility through sole bookrunner and mandated lead arranger...