Transportation leads Asia Pacific ex Japan loan volume sector ranking
Shantou Port Group has signed a RMB 2.0 billion credit facility through sole bookrunner and mandated lead arranger Industrial Commercial Bank of China. Syndication saw Agricultural Bank of China, Agricultural Development bank, Bank of Communications, China Everbright Bank and Industrial Bank join as participants. Proceeds are to support the construction of Shantou Port Guang Ao Gang project phase 2.
Transportation sector accounts for 22% of China’s total syndicated loan volume with $19.9 billion, the highest YTD level on record.
Transportation is the leading sector for Asia Pacific ex Japan syndicated loan volume with $48.9...