Loans week July 29-August 4

Dealogic's weekly roundup of loans activity in Asia.

China syndicated loan volume at YTD record high

  • CCCC Foshan Investment & Development has signed a RMB 11 8 billion facility through joint mandated lead arrangers Bank of Communications, China CITIC Bank, China Development Bank, China Everbright Bank, Ping An Bank and Postal Savings Bank of China on a club basis Proceeds are to support the construction of Foshan Metro Line 2
  • Construction/Building is the third largest sector for China loan volume, with $11 9 billion signed so far this year, almost triple the $4 4 billion borrowed in 2015 YTD
  • China syndicated loan volume stands at $83 9 billion via 162 deals this YTD, marking the highest YTD level on record

Transportation leads Asia Pacific (ex...

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