Oilfield equipment provider Hilong Holdings launched a $100m loan into general syndication, offering generous returns.... more
APAC Financial Markets • #Citi, #CiticBank, #HilongHoldings, #Loans, #NonIGLeveragedLoan, #Syndication #Issuance/Pipeline, #SyndicatedLoans
Wednesday, 10 June 2015
Two help Hilong drill for $100m three year financing
Giant said to mull $850m loan prepayment
Rumours are swirling that Chinese company Giant Interactive, which wrapped up a $850m leveraged buyout loan only last year, is considering prepaying the money early.... more
APAC Financial Markets • #BNPParibas, #ChinaMinshengBank, #CreditSuisse, #DeutscheBank, #GoldmanSachs, #IndustrialAndCommercialBankOfChinaInternational, #JPMorgan, #Loans, #NonIGLeveragedLoan, #Syndication #Issuance/Pipeline, #SyndicatedLoans
MGM Grand amends facilities worth HK$15.6bn
Macanese casino operator MGM China and subsidiary MGM Grand Paradise have amended and extended credit facilities raised in 2012.... more
APAC Financial Markets • #ExtendedCreditFacilities, #Loans, #Macau, #MGMChina, #MGMGrandParadise, #NonIGLeveragedLoan, #Syndication #Issuance/Pipeline, #SyndicatedLoans
Monday, 8 June 2015
Hilong drills for $100m three year
Oilfield equipment provider Hilong Holdings has launched a $100m loan into general syndication. Two banks are arranging the loan for the company, which made its debut in the offshore syndicated loan market in 2013 and has visited annually since.... more
APAC Financial Markets • #Citi, #CiticBank, #Debut, #HilongHoldings, #Loans, #NonIGLeveragedLoan, #Syndication #MarketNews
Friday, 5 June 2015
VIG $125m attracts diverse bank group
Real estate developer Vietnam Investment Group Joint Stock Co (VIG) has attracted banks from several geographies, with a policy bank from China, and a prominent Malaysian lender among those said to have committed. The deal has been well received in the market as banks look to build a longer term exposure to the fast developing southeast Asian country.... more
APAC Financial Markets • #CathayUnitedBank, #China, #DeutscheBank, #FubonBank, #Loans, #Malaysia, #Maybank, #NonIGLeveragedLoan, #VietnamInvestmentGroup, #VIG #Issuance/Pipeline, #SyndicatedLoans
Wednesday, 3 June 2015
World Peace seeks NT$6bn in two currencies
Taiwanese electronic components distributor World Peace Group is back in the market for a borrowing of NT$6bn ($195m). Banks have already put in their proposals for the loan and the mandate is likely to be decided by the end of June.... more
APAC Financial Markets • #Loans, #NonIGLeveragedLoan, #Syndication, #Taiwan, #WorldPeaceGroup #Issuance/Pipeline, #SyndicatedLoans
Zhuhai sets sail for HK$1bn loan
Port and ferry service provider Zhuhai Holdings Investment has unfurled an HK$1bn ($128m) borrowing in general. Interested banks will get a chance to review the company’s operations in its home city of Zhuhai.... more
APAC Financial Markets • #Loans, #Maybank, #NonIGLeveragedLoan, #Syndication, #ZhuhaiHoldings #Issuance/Pipeline, #SyndicatedLoans
Monday, 1 June 2015
Indomobil $100m loan gets heavy oversubscription
A $100m loan for Indomobil Finance Indonesia, which launched into general syndication on April 14, has seen commitments of 1.6x in general syndication. Banks that missed out on participating in the company’s last deal are eager to get a piece this time, driving up the numbers.... more
APAC Financial Markets • #BankOfTaiwan, #ChangHwaBank, #CTBCBank, #IndomobilFinance, #Indonesia, #Loans, #MegaInternationalCommercialBank, #Mizuho, #NonIGLeveragedLoan, #OCBC, #Syndication #Issuance/Pipeline, #SyndicatedLoans