China
Alibaba Group Holding has obtained an $8 billion financing through mandated lead arrangers ANZ, Citi, Credit Suisse, DBS, Deutsche Bank, HSBC, J.P. Morgan, Mizuho and Morgan Stanley.
The facility is split into a $2.5 billion three-year and a $4 billion five-year term loans, and a $1.5 billion three-year revolver.
Proceeds are to refinance existing indebtedness.
China Universal Leasing has signed a $76 million three-year term loan through mandated lead arranger China CITIC Bank.
Syndication saw Bank SinoPac, Cathay United Bank, Mega International Commercial Bank and Shanghai Pudong Development Bank join in as participants.
Proceeds are for working capital purposes.
Hong Kong
Amblegreen has obtained a $350 million four-year financing on a club basis through mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ and DBS.
The guaranteed facility is split into a $130 million term loan and a $220 million revolver.
Proceeds are for working capital purposes.
India
Bharat PetroResources has inked a $275 million 15-year standby letter of credit facility through sole bookrunner and mandated lead arranger State Bank of India.
The facility will be repaid by 34 quarterly instalments.
Final allocations saw participant Bank of India lend $200 million while Indian Overseas Bank contributed $75 million.
Proceeds are to secure foreign currency loans.
Indonesia
Federal International Finance has signed a $400 million three-year term loan on a club basis through mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ, BNP, Commonwealth Bank of Australia, DBS, Deutsche Bank, First Gulf Bank, HSBC, J.P. Morgan, Mizuho, OCBC, Standard Chartered, SMBC and UOB.
Proceeds are for general corporate purposes.
New Zealand
TCNZ Finance has obtained a NZ$400 million revolver through sole bookrunner and mandated lead arranger Citi.
Syndication saw ANZ, Bank of New Zealand, Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, HSBC and Westpac join in as participants.
Proceeds are for general corporate purposes.
Singapore
Haier (Singapore) Management has inked a $500 million three-year term loan on a club basis through mandated lead arrangers ANZ, Bank of America Merrill Lynch, DBS, NAB, RBS and Westpac.
Proceeds are for general corporate purposes.
Starhill Global Real Estate Investment Trust has secured a $554 million-equivalent loan package through mandated lead arrangers ANZ, Bank of China, CIMB, Commonwealth Bank of Australia, DBS, OCBC, Standard Chartered and UOB.
Arranged on a club basis, the facility consists of one yen tranche and four Singapore dollar-denominated tranches.
Proceeds are to repay existing indebtedness and for working capital purposes.
South Korea
Mobis Parts America has completed a $100 million three-year term loan on a club basis through mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, Citi and UOB.
Proceeds are for general corporate purposes.
Taiwan
Chailease Finance (BVI) secured a $120 million three-year financing on Wednesday (May 8) through bookrunners and mandated lead arrangers First Commercial Bank, Mizuho, Land Bank of Taiwan and Taiwan Cooperative Bank.
The facility is upsized from $80 million and is split into a $36 million term loan and an $84 million revolver.
Final allocations saw First Commercial Bank pledge $15 million while Mizuho, Land Bank of Taiwan and Taiwan Cooperative Bank provide $12 million each. Mandated leads Ta Chong Bank and Taishin International Bank came in with $10 million each while participants Bank of Kaohsiung, Export-Import Bank of the Republic of China, Jih Sun International Bank, Shanghai Commercial & Savings Bank and Taiwan Business Bank joined in with $7 million each. Bank of Taiwan, Hua Nan Commercial Bank and Mega International Commercial Bank concluded with $5 million each.
Proceeds are for refinancing and working capital purposes.
China Gas Holdings has sealed a $450 million three-year term loan through mandated lead arrangers and bookrunners Bank SinoPac, Bank of Taiwan, Nomura, Ping An Bank, Taishin International Bank and Taiwan Cooperative Bank.
The facility is split into a $100 million tranche and a $350 million portion.
Syndication saw 17 additional banks come in at lower tiers.
Proceeds are for general corporate purposes.
Sun Yuan Development Corp has concluded a NT$2 billion three-year term loan through sole bookrunner Taishin International Bank.
The facility is priced at 185bp over the Taiwanese secondary CP rate.
Final allocations saw the lead and mandated lead Shanghai Commercial & Savings Bank provide NT$900 each million while participant Bank SinoPac concluded the syndicate with NT$200 million.
Proceeds are to repay existing indebtedness.
