Hong Kong
Wingate Overseas Holdings has arranged a $250 million three-year term loan through bookrunners and mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ, Citi, HSBC, JPMorgan, Mizuho Bank and Rabobank.
Syndication saw SMBC come in as an arranger while CBA joined in as a manager.
Proceeds are to finance the general corporate funding requirements and refinance existing debt.
Samson Paper has secured a HK$728 million debt package through bookrunners and mandated lead arrangers China CITIC Bank, CTBC Bank, Maybank and Mizuho Bank. The loan is split between a HK$489 million term loan and a HK$243 million revolver.
Syndication saw Bank of Taiwan, Chong Hing Bank, Land Bank of Taiwan and Mega International Commercial Bank join in as mandated lead arrangers while Chang Hwa Commercial Bank, Far Eastern International Bank and Taiwan Business Bank came in as lead arrangers. Proceeds are to refinance existing debt.
India
JSW Steel has inked a $250 million five-year and one-month term loan through bookrunners and mandated lead arrangers Axis Bank and Mizuho Bank.
The transaction is priced at 306bp over Libor.
Syndication saw ICBC come in as a mandated lead arranger while Bank of Kaohsiung, Hua Nan Commercial Bank, State Bank of India and Taiwan Cooperative Bank joined in as arrangers.
Proceeds are for general capital expenditure and capacity enhancement purposes.
Oberoi Realty has completed a Rs7.5 billion three-year term loan through sole bookrunner and mandated lead arranger Axis Bank.
Final allocations saw the lead provide Rs4 billion while Bank of Maharashtra took Rs2 billion. Aditya Birla Finance held Rs1 billion while South Indian Bank concluded the syndicate with Rs500 million.
Proceeds are to support the residential real estate project in Worli, Mumbai.
Tata Communications has signed a $200 million four-year term loan through sole bookrunner and mandated lead arranger Axis Bank.
Syndication saw Ahli United Bank, CTBC Bank, ICICI Bank, Syndicate Bank and Union National Bank come in as lenders.
Proceeds are to refinance existing debt.
Singapore
Seadrill Courageous, Seadrill Defender, Seadrill Intrepid, Seadrill Oberon and Seadrill Titania have obtained a $750 million four-year and six-month term loan through bookrunners and mandated lead arrangers ABN AMRO, BNP Paribas and ING. The facility is split into a $585 million term loan and a $165 million term loan.
Syndication saw Banco Itau, Bank of China, Citi, DBJ, DBS, DVB Bank, ICBC and Norddeutsche Landesbank come in as mandated lead arrangers while Deutsche Bank joined in as a lead arranger. RBC Capital Market completed the syndicate as arranger.
Proceeds are to finance the purchase of five jack-up drilling units and for offshore purposes.
Taiwan
First Steamship has sealed a NT$ 2.2 billion five-year term loan through bookrunners and mandated lead arrangers Chang Hwa Commercial Bank and Taiwan Cooperative Bank.
Syndication saw Agricultural Bank of Taiwan, Bank of Taiwan, Hua Nan Bank, Kaohsiung Business Bank, Shanghai Commercial & Saving Bank and Yuanta Bank join in as lenders.
Proceeds are for general corporate purposes.
