Loans week October 30-November 5

North Asia and HKD-dominated syndicated loan volumes are at their second highest level on record, with Chonging, Victor Shiny and Capital Court deals this week.

North Asia syndicated loan volume at highest YTD level on record

Chongqing Victor Shiny Real Estate Development and Victor Shiny have secured a $132.2 million syndicated loan with Standard Chartered Bank and Wing Lung Bank on a club basis. The facility contains a RMB million dual-currency term loan through joint-mandated lead arrangers China CITIC Bank International 300 million credit and a $85 million portion. Proceeds are to repay existing debt and support property project and for working capital purposes.

China syndicated loan volume has reached a YTD record high of $91.5 billion in 2015, up 22% from the $74.7 billion recorded in the same period of 2014....

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