Mei Ta, New Hope, HCMC Power close borrowings
Taiwan’s Mei Ta Industries and China’s New Hope Group have closed offshore borrowings, raising €245m and $150m, respectively. Ho Chi Minh City Power, meanwhile, has sealed Vietnam’s first onshore syndicated loan at D1.1bn ($47,000).
Mei Ta attracted five participants during syndication for its €245m facility.
Bank SinoPac and CTBC Bank were the mandated lead arrangers and bookrunners, with €80m and €60m on their books respectively.Taipei Fubon Bank, E.Sun Commercial Bank and Standard Chartered received €30m each. Hua Nan Commercial Bank was allocated €10m, while Taishin ...