Loans week February 5-11

Asia Pacific ex Japan club deal volume at lowest since 2003

• China Aoyuan Property Group has signed a $180 million term loan through joint mandated lead arrangers Bank of China Macau and Nanyang Commercial Bank on a club basis. Proceeds were to repay existing debt.
• The deal is the largest club deal in Asia Pacific ex Japan so far this year, followed by Dialog LNG’s $170 million facility signed on 13 Jan.
• In Asia Pacific ex Japan, club deal volume stood at $518 million in 2016 YTD, the slowest start to a year since...