Sun Hung Kai HK$14bn allocations revealed with signing

Sun Hung Kai Properties signed its HK$14bn ($1.8bn) loan on January 17 with a group of 13 banks, and allocations have now been revealed. With only bank joining during general syndication with a HK$200m commitment, bankers are of the opinion that the borrower sought a general phase simply to trump the final loan size achieved by fellow real estate company Henderson Land Development.

  • By Rashmi Kumar
  • 17 Jan 2014

Hong Kong’s Sun Hung Kai first sent out a request for proposals for a HK$5bn loan, but raised that to HK$13.8bn after banks piled in at the top level.

Bank of China, Bank of Tokyo Mitsubishi-UFJ, HSBC, Mizuho Bank, Sumitomo Mitsui Banking Corp and United Overseas Bank ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.54%
2 Bank of America Merrill Lynch 66,433.81 187 9.43%
3 Wells Fargo Securities 57,637.40 170 8.18%
4 JPMorgan 53,570.42 158 7.61%
5 Credit Suisse 45,349.30 117 6.44%