China
China Glass has signed a Rmb600 million three-year fundraising through joint bookrunners and mandated lead arrangers Bank of Taiwan and Chang Hwa Commercial Bank.
Syndication saw Bank of East Asia, Entie Commercial Bank and Taiwan Business join in as mandated lead arrangers while Bank of Panhsin, Cosmos Bank, Land Bank of Taiwan, Morgan Stanley and Taishin International Bank came in as lead managers.
Proceeds are for debt repayment, working capital and general corporate purposes.
CMB Financial Leasing completed a $295 million three-year term loan last Friday (September 5) through bookrunners and mandated lead arrangers ANZ, CTBC Bank, HSBC and RBS.
The facility is priced at 265bp over Libor.
Syndication saw Postal Savings Bank of China and Mega International Commercial Bank join in as mandated lead arrangers while Bank of Taiwan, Chang Hwa Commercial Bank, Chong Hing Bank, Hua Nan Commercial Bank, Land Bank of Taiwan, SPD Silicon Valley Bank, Taiwan Cooperative Bank came in as lead arrangers. Bank SinoPac concluded the syndicate as arranger.
Proceeds are for general corporate purposes.
International Far Eastern Leasing has secured a Rmb900 million transaction through joint bookrunners and mandated leads Bank of Tokyo-Mitsubishi UFJ, DBS, First Commercial Bank and SMBC.
The facility is guaranteed by Far East Horizon and split into a Rmb750 million three-year term loan and a Rmb150 million one-year revolver.
Syndication saw Chang Hwa Commercial Bank and KDB join in as lead arrangers.
Proceeds are to repay existing indebtedness and for general corporate funding requirement.
India
Hamir Real Estate has inked a Rs4.6 billion term loan through sole bookrunner and mandated lead arranger Yes Bank.
The facility consists of a Rs1 billion 12-year portion and a Rs 3.6 billion nine-year tranche.
Syndication saw Syndicate Bank and South Indian Bank come in as participants.
Proceeds are for working capital.
New Zealand
Fonterra Cooperative Group has successfully completed two separate club loans for a combined total of NZ$1.7 billion through mandated leads ANZ, Band of New Zealand, Commonwealth Bank of Australia, HSBC, Rabobank and Westpac. The transactions include a NZ$1.2 billion two-year two-month revolver and a NZ$500 million eight-month revolving credit facility.
Proceeds are to repay existing indebtedness and for general corporate purposes.
Singapore
AFPD has sealed a $110 million term loan through joint bookrunners and mandated lead arrangers Bank of Taiwan, DBS and Standard Chartered.
The loan package is split into a $70 million four-year and six-month portion and a $40 million three-year and six-month tranche.
Syndication saw Chang Hwa Commercial Bank, First Commercial Bank, Mega international Commercial Bank and Taishin International Bank come in as participants.
Proceeds are to refinance an existing facility signed in September 2010 and for general corporate purposes.
Marina Bay Sands has extended a S$5.1 billion six-year facility through bookrunners and mandated lead arrangers DBS, Maybank, OCBC and UOB.
The debt package comprises a S$4.6 billion term loan and a S$500 million revolver.
Syndication saw 20 other banks join in as participants.
Plaza Ventures has secured a S$480 million three-year term loan on a tiered-club basis through mandated lead arrangers OCBC and RHB Bank.
Syndication saw Hong Leong Finance join in as participant.
Proceeds are to support the acquisition of properties and project costs.
Taiwan
E-Da Royal Skylark Hotel has completed a NT$7.2 billion financing through bookrunners and mandate lead arrangers Bank of Taiwan, First Commercial Bank, Land Bank of Taiwan, Mega International Commercial Bank and Taiwan Business Bank.
The deal is split into a NT$2.4 billion and a NT$4 billion 15-year term loans and a NT$765 million 11-year revolver.
Syndication saw Agricultural Bank of Taiwan join in as manager while Chang Hwa Commercial Bank, Export-Import Bank of China, Sunny Bank and Taiwan Cooperative Bank came in as participants.
Proceeds are for capital expenditure and working capital purposes.
United States
Summit Meridian Aircraft has successfully obtained a $246 million 10.5-year term loan in Singapore through sole bookrunner and mandated lead arranger Deutsche Bank.
Syndication saw TD Bank join in as mandated lead arranger.
Proceeds are to support aircraft financing.
