Loans week September 23-29

Dealogic's weekly roundup of loans activity in Asia.

China syndicated loan volume at highest YTD level on record

  • CNOOC Shell Petrochemicals has secured a $3.8 billion facility through joint mandated lead arrangers Agricultural Bank of China, Bank of China, CNOOC Finance Corp, China Construction Bank, China Development Corp and Industrial Commercial Bank of China. Syndication saw Bank of Communications and China Merchants Bank came in as participants. Proceeds are to support the construction and operation of chemical project phase 2 and new SMPOPOD project.
  • China onshore syndicated loan volume stands at $86.9 billion via 205 deals so far this year, up from $81.5 billion borrowed in 2015 YTD....
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