loan-week-october-915

Loan week, October 9-15

A roundup of the latest syndicated loan market news.

China

Shenzhen Metro has successfully secured syndicated facilities totalling Rmb25.5 billion via a consortium of 13 lenders to fund railway expansion projects.

By the end of September, a Rmb6.6 billion loan supporting the construction of line 2 eastern extension was put up by five lenders, including Bank of China and China Merchants Bank. Another Rmb10 billion transaction provided by eight banks, including China Construction Bank, China Development Bank and ICBC, was signed on the same date to fund the building of line 5.

Mandated lead arrangers Agricultural Bank of China and ICBC, together with lenders Bank of Communications, China CITIC Bank, Ping An Bank and Shanghai Pudong Development Bank, sealed a Rmb5.7 billion...

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