Shanghai Industrial InvestmentÆs HK$2 billion loan launched into general syndication

The inclement weather in Hong Kong last week certainly did not dampen the enthusiasm of loan syndication teams at Bank of China, HSBC, ICBC, Hang Seng, SG & WestLB. Having been mandated to lead arrange a HK$2 billion five-year term loan for Shanghai Industrial Investment (Holdings) (SIIH), they launched the deal into general syndication last Friday. SG is the publicity agent for the transaction. General syndication will close on August 23.