Loan Week, November 28-December 4

A roundup of the latest syndicated loan market news.

China

GAC- Sofinco Automobile Finance has secured a Rmb2.2 billion three-year term loan through bookunners and mandated lead arrangers Credit Agricole, DBS and Standard Chartered.

Syndication saw Chang Hwa Commercial Bank, Fubon Bank, Hang Seng Bank, Hua Nan Commercial Bank, Taiwan Cooperative Bank and Wing Hang Bank join in as lead arrangers while Chong Hing Bank, Dah Sing Bank, East West Bank and Korea Exchange Bank came in as arrangers.

Proceeds are for working capital and general corporate purposes.

ICBC Financial Leasing has inked a $690 million three-year term loan through bookrunners and mandated lead arrangers CTBC Bank, Fubon Bank,...

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