Loan Week, November 21-27

A roundup of the latest syndicated loan market news.

China

Chengdu Kobelco Construction Machinery Group has obtained a Rmb400 million one-year revolver through sole bookrunner and mandated lead arranger Mizuho.

The facility is secured by Chengdu Kobelco Construction Machinery and Hangzhou Kobelco Construction Machinery.

Final allocations saw the lead commit Rmb156 million while Bank of Tokyo-Mitsubishi UFJ came in with Rmb132 million as lender. SMBC concluded the syndicate with Rmb112 million.

Proceeds are for general corporate purposes.

India

Adani Enterprises has secured a Rs4.2 billion eight-year and four-month revolving-term loan through sole bookrunner and mandated lead arranger Axis Bank.

Final allocations...

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