Transportation is the second largest sector for Asia Pacific ex Japan loan volume in 2016
- Chongqing Expressway Group has signed a RMB 9.4 billion facility with sole mandated lead arranger Industrial Commercial Bank of China. Syndication saw Agricultural Bank of China, China Construction Bank, and Chongqing Rural Commercial Bank join as participants. Proceeds are to support the construction of 128.125km Chengkou - Kaizhou highway in Chongqing municipality city, China.
- Transportation is the second largest sector in China syndicated loan market with $28.6 billion signed in 2016, accounting for 17% of China’s total loan volume.
- Transportation is...