The second largest Asia Pacific ex-Japan textile facility signed in 2015
E-Land Fashion China Holdings has completed a $300 million transaction through joint bookrunners and mandated lead arrangers Emirates NBD, HSBC, Natixis and Standard Chartered Bank. The facility is split into a $225 million three-year term loan and a $75 million one-year revolving credit.
Syndication saw CTBC Bank and Commercial Bank of Qatar join as mandated lead arrangers while 17 other banks come in as participants. Proceeds are to refinance an existing facility signed in July 2013.
This is the second largest facility in the textile sector in Asia Pacific ex Japan...