Loan Week, September 20-26

A roundup of the latest syndicated loan market news.

China

Guang-Zhong-Jiang Expressway Management Office has sealed a Rmb10 billion 18-year term loan through joint bookrunners Bank of China and China Development Bank.

Final allocations saw China Development Bank pledge Rmb5.5 billion while Bank of China provided Rmb2.5 billion. Participants Bank of Guangzhou and China Merchants Bank joined in with Rmb1 billion apiece.

Proceeds are for the construction of the Guang-Zhong-Jiang Highway.

Liaoning Hongyanhe Nuclear Power has completed a Rmb3.3 billion 25-year financing through sole bookrunner and mandated lead arranger Bank of China.

The facility will be repaid semi-annually.

Final allocations saw the lead contribute...

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