Loan Week, November 14-20

A roundup of the latest syndicated loan market news.

Hong Kong

Shanghai Electric Newage has sealed a 400 million one-year term loan on a club basis through mandated lead arrangers Bank of China, Barclays, Citi, Deutsche Bank, HSBC, Intesa Sanpaolo, JPMorgan, RBS and Societe Generale.

Proceeds are to refinance existing indebtedness.

India

Essel Jabalpur MSW has secured a Rs1.2 billion 13-year term loan through sole bookrunner and mandated lead arranger State Bank of India.

Final allocations saw the lead commit Rs490 million while India Infrastructure Finance joined in with Rs350 million. Vijaya Bank lent Rs250 million while Jayneer Capital concluded the syndicate with Rs100 million....

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