China syndicated loan volume up 31% YoY in 2015
- Shanghai Xintai Tianan Property has secured a RMB 3.0 billion credit facility through sole bookrunner and mandated lead arranger China CITIC Bank. Syndication saw Agricultural Bank of China and Shanghai Pudong Development Bank came in as participants. Proceeds were for capital expenditure purposes.
- Real Estate was the second largest sector for Asia Pacific ex Japan loan market in 2015. Volume reached $62.3 billion via 184 deals in 2015, a 29% drop on the $87.4 billion via 207 deals borrowed in 2014.
- China syndicated loan volume reached a...