The second-largest Finance sector deal signed in China in 2018 YTD
- Zhejiang Zheshang Asset Management has signed a RMB 750 million facility through joint bookrunners and mandated lead arrangers Fubon Bank, KEB Hana Bank, and Nanyang Commercial Bank. Syndication saw Bank SinoPac, First Commercial Bank, and Taiwan Cooperative Bank join as arrangers. Proceeds are for working capital purposes.
- This is the second-largest Finance sector deal signed in China so far this year, after Ping An Leasing Hong Kong Holdings’ $340 million facility signed in January 2018.
- In 2017, China syndicated loan volume stood at...