Hong Kong dollar

China’s Kunming Dianchi Water Treatment has launched its debut offshore loan of $150m.

Shanghai Industrial Holdings is talking to relationship lenders for a refinancing of HK$2bn-HK$3bn ($255.4m-$383mm).

Bank of China returned to the bond market with a multi-tranche, multi-currency bond this week, making clear that its funding needs and its role as a flag-bearer of Chinese policy overseas are inextricably linked. Morgan Davis reports.

Beijing Enterprises Group is in the market for a HK$4.5bn ($575m) five year term loan launched through eight banks.

China Merchants Loscam has closed a $302m dual-currency club loan, making a comeback to the offshore market after a five-year absence.

Xinyi Glass has dropped a non-financial covenant on its HK$750m ($96m) borrowing, which was launched into general syndication in August.

Fortune Choice is tapping the offshore loan market for a HK$5.2bn ($664m) fundraising to support the development of a residential building in Hong Kong.

Leo Paper Group, a Hong Kong-based printing services company, has signed a HK$350m ($45m) four year green term loan and revolving credit facility with seven banks, making it the first privately-held firm to complete such a transaction.

China’s Texhong Textile Group has returned to the offshore loan market for a HK$1bn ($127m) fundraising.

Huarong Investment Stock Corp has returned to the loan market for a HK$3bn ($382m) dual currency borrowing, offering similar terms as last year.

Two Chinese companies, United Asia Finance and Greentown China Holdings, have received strong responses to their offshore borrowings, allowing them to increase the loan sizes.

Commitments from a 15-strong syndicate group has allowed China’s Kingboard Chemical Holdings to increase its loan to HK$7bn ($892m) from HK$6bn.