China
China Foods has sealed a HK$1.1 billion three-year term loan through sole bookrunner Bank of Tokyo-Mitsubishi UFJ.
Syndication saw Agricultural Bank of China join in as mandated lead arranger.
Proceeds are for general corporate purposes.
Export-Import Bank of China has concluded a $100 million eight-year financing through bookrunner and mandated lead arranger Mizuho.
Syndication saw Sumitomo Mitsui Trust Bank come in as participant.
Proceeds are for general corporate purposes.
Hong Kong
Chinese Estates (The One) has secured a HK$3.5 billion three-year term loan on a club basis through mandated lead arrangers Bank of China, Bank of East Asia, BNP Paribas, DBS, OCBC, Shanghai Commercial Bank and Standard Chartered.
The facility is guaranteed by Chinese Estates Holdings.
Proceeds are for refinancing and general corporate purposes.
Indonesia
Fajar Surya Wisesa has obtained a $240 million five-year loan package through HSBC, OCBC, Standard Chartered and UOB on a club basis.
The facility is split into a $100 million, a $120 million and a $20 million portions, respectively.
Proceeds are for capital expenditure, general corporate purposes and to refinance an existing facility signed in October 2010.
Japan
Toyota Tsusho Corp has inked a ¥20 billion 364-day revolver through sole bookrunner and mandated lead arranger Citi.
Syndication saw Credit Agricole join in as participant while full bank syndicate was undisclosed.
Proceeds are to refinance existing indebtedness.
Malaysia
MISC Capital (L) has secured a $1 billion five-year club loan via mandated lead arrangers BNP Paribas, Bank of Nova Scotia, Bank of Tokyo-Mitsubishi UFJ, Citi, Mizuho, OCBC, RBS, Standard Chartered and SMBC.
The facility is priced 105bp over Libor.
Final allocations saw OCBC lend $240 million while Bank of Tokyo-Mitsubishi UFJ and Mizuho provided $200 million apiece. BNP Paribas, RBS and SMBC pledged $80 million each while Bank of Nova Scotia, Citi and Standard Chartered rounded up the syndicate with $40 million each.
Proceeds are to refinance a $1bn loan that was signed in 2008.
South Korea
SK Lubricants has secured a $120 million three-year loan-style floating rate note on a club basis through mandated lead arrangers Citi, Credit Agricole and DBS.
Proceeds are for refinancing and general corporate purposes.
Taiwan
Farglory Land Development has signed a NT$4.1 billion five-year term loan through joint bookrunners Land Bank of Taiwan and Taishin International Bank.
The deal is divided into a NT$1.9 billion tranche and a NT$2.2 billion portion.
Syndication saw Bank of East Asia, First Commercial Bank, Mega International Commercial Bank, Taichung Commercial bank and Taiwan Cooperative bank join in at lower tiers.
Proceeds are to repay existing indebtedness, and for construction financing purposes.
Fortuna Development has completed a $150 million five-year term loan through joint bookrunners Bank of Taiwan and Taiwan Cooperative Bank.
The facility is fully underwritten by the leads.
Final allocations saw the leads contribute $50 million each while participants Mega International Commercial Bank and Taiwan Business Bank held $30 million and $20 million respectively.
Proceeds are to repay existing indebtedness and for general corporate purposes.
Lite-On Technology has closed a NT$15 billion five-year financing through sole bookrunner Citi.
The loan package is split into a NT$12 billion term loan and a NT$3 billion revolving portion.
Final allocations saw the lead pledge NT$1 billion, while mandated lead arrangers Bank SinoPac, Bank of Taiwan, CTBC Bank, Chang Hwa Commercial Bank, HSBC, Land Bank of Taiwan, Mega International Commercial Bank, SMBC, Taipei Fubon Commercial Bank, Taishin International Bank and Taiwan Cooperative Bank took NT$1 billion apiece. Participants DBS and Hua Nan Commercial Bank gave NT$700 million each, while Far Eastern International Bank contributed NT$600 million. ANZ and EnTie Commercial Bank rounded up the group with NT$500 million.
Proceeds are for refinancing purposes.
Tatung has concluded a NT$2.8 billion three-year term loan via joint bookrunners First Commercial Bank, Land Bank of Taiwan and Taiwan Cooperative Bank.
The facility has a two-year extension option.
Final allocations saw bookrunner First Commercial Bank lend NT$500 million while Land Bank of Taiwan and Taiwan Cooperative Bank provided NT$450 million each. Participant Chang Hwa Commercial Bank joined in with NT$400 million, while Agricultural Bank of Taiwan and Mega International Commercial Bank gave NT$300 million each. EnTie Commercial Bank took NT$200 million, while Taiwan Business Bank ended up with NT$150 million.
Proceeds are to refinance an existing loan facility signed in September 2008.
