Victory City adds to mid-cap loan rush with HK$800m deal

Hong Kong fabric manufacturer Victory City became the latest mid-cap borrower to approach the syndicated loan market this week with an HK$800m facility that offers lenders a welcome premium over recent deals for Asian blue chip names.

  • 24 Sep 2009

China Merchants Bank, Citic Ka Wah Bank, HSBC and Wing Lung Bank will arrange the four year club loan, which pays a margin of around 180bp over Hibor.

One banker said that Bank of Tokyo-Mitsubishi UFJ, Hang Seng Bank, Mizuho, 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 Citi 3,691 11 20.69
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.77

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 47,881.49 152 10.77%
2 JPMorgan 41,018.47 115 9.23%
3 Wells Fargo Securities 37,061.63 106 8.34%
4 Bank of America Merrill Lynch 33,629.70 107 7.56%
5 Credit Suisse 28,660.69 86 6.45%