Regional auto loans volume down 39%; HK loans dip

Great Wall Motor, Sky United Trading, TOP SPP feature in Dealogic's roundup of loans activity in Asia for September 27 to October 4.

Auto sector loan drop in APAC ex-Japan in 2017 YTD

Great Wall Motor has signed a $350m facility through sole bookrunner and mandated lead arranger Deutsche Bank. Syndication saw China Construction Bank Asia, Commerzbank, Industrial Commercial Bank of China Asia, and Intesa Sanpaolo S.p.A join as mandated lead arrangers which Nanyang Commercial Bank, Hang Seng Bank, ING Bank, Sumitomo Mitsui Banking Corporation, Korea Development Bank, and KDB Asia came in as arrangers while Taiwan Cooperative Bank and Taishin International Bank come in as participants. Proceeds are for general corporate purposes including future acquisitions, investments and capital expenditures.

In Asia Pacific ex-Japan, Auto sector loan...

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