China
Maoye International Holdings has inked a $196 million three-year term loan through bookrunners and mandated lead arrangers Bank of China and Deutsche Bank.
Final allocations saw Deutsche Bank pledge $40 million while Bank of China provided $32 million. Lead arrangers China Everbright Bank and ICBC came in with $20 million each while arrangers Bank of Taiwan and BDO Unibank joined in with $15 million apiece. Rabobank took $14 million while Banca Monte dei Paschi di Siena, Land Bank of Taiwan and Taiwan Business Bank lent $10 million each. Bank of Panhsin and Chailease Finance (BVI) concluded the syndicate with $5 million each.
Proceeds are for refinancing, capital expenditure and general corporate purposes.
Hong Kong
Sound Global (Hong Kong) has completed a $110 million five-year term loan through joint bookrunners Bank of East Asia, Far Eastern International Bank, Taishin International Bank and Taiwan Business Bank.
Syndication saw the leads provide $20 million each while participants Chang Hwa Commercial Bank and Hua Nan Commercial Bank pledged $10 million apiece. Bank of Kaohsiung and Ta Chong Bank rounded up the group with $5 million apiece.
Proceeds are for working capital purposes.
India
Air India has sealed a $95 million one-year bridge facility through sole bookrunner Deutsche Bank.
Syndication saw Doha Bank and Mashreqbank join in as mandated lead arrangers.
Proceeds are for aircraft financing purposes.
Bright Enterprises has completed a Rs2.6 billion 11-year financing through sole bookrunner and mandated lead arranger Axis Bank.
The single tranche facility will be repaid by 28 quarterly installments.
Final allocations saw the lead take Rs700 million while participants Vijaya Bank, Indian Bank and Dena Bank came in with Rs700 million, Rs650 million and Rs500 million, respectively.
Proceeds are for the construction of a 288-room hotel in Whitefield, Bengaluru.
Indonesia
Indonesia Eximbank has signed a $120 million two-year and six-month term loan through joint bookrunners and mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, Commerzbank, Mizuho and OCBC.
Final allocations saw OCBC lend $30 million while Bank of Tokyo-Mitsubishi UFJ, Commerzbank and Mizuho contributed $25 million apiece. Arrangers Fuyo General Lease and Tokyo Star Bank pledged $8 million and $7 million respectively to complete the syndication.
Proceeds are for general corporate purposes.
Japan
NBB Sheldrake has secured a $125 million 12-year and four-month term loan through bookrunners and mandated lead arrangers Deutsche Bank and ICBC.
Syndication saw Sumitomo Mitsui Trust Bank join in as participant.
Proceeds are for aircraft financing.
Sumitomo Chemical has inked a Y21 billion 364-day revolver through sole bookrunner and mandated lead arranger Citi.
Syndication saw HSBC join in as participant while full bank syndicate was undisclosed.
Proceeds are to refinance existing indebtedness.
Taiwan
Ching Yang Aqua Marine Enterprises has concluded a NT$950 million 11-year financing through joint bookrunners Agricultural Bank of Taiwan, Bank of Kaohsiung and Land Bank of Taiwan.
The deal is split into a NT$120 million guarantee facility, a NT$750 million term loan and an NT$80 million portion.
Final allocations saw bookrunner Bank of Kaohsiung hold NT$300 million while Land Bank of Taiwan and Agricultural Bank of Taiwan came in with NT$250 million and NT$200 million respectively. Participants Taiwan Shin Kong Commercial Bank and Taiwan Cooperative Bank completed the syndication with NT$100 each.
Proceeds are for performance guarantee and construction purposes.
Unibright Chemical has signed a NT$1.2 billion loan package through sole bookrunner Taiwan Cooperative Bank.
The facility consists of a NT$900 million seven-year term loan and a NT$300 million five-year revolving credit.
Syndication saw the lead take NT$480 million while participants Agricultural Bank of Taiwan, Chang Hwa Commercial Bank, First Commercial Bank and Hua Nan Commercial Bank contributed NT$180 million each.
Proceeds are to repay existing indebtedness and for working capital purposes.
