MUFG

Kingboard Laminates Holdings has raised the size of its latest facility to HK$4bn ($516m) from HK$3bn, as existing lenders piled in to the deal, which pays better returns than a 2014 loan by the borrower. The dual currency loan netted HK$2.59bn in the Hong Kong dollar tranche and $181.6m in the US dollar tranche.

Taiwanese computer casings maker Casetek’s $300m three year financing has attracted five banks in syndication.

Hong Kong listed company Samson Paper, which opened an HK$500m ($64.5m) loan into general in January, is likely to raise the facility size to HK$750m after receiving positive feedback for the borrowing.

A $3.1bn piece of Tata Steel’s $5.6bn multi-trancher was signed in December with 34 lenders. The deal has been singled out for praise by many loans bankers for its structuring that led to success despite the borrower operating in the troubled steel sector.

India’s Bharat Petroleum Corp (BPCL) and Steel Authority of India (Sail) have mandated one Japanese bank each for their loans, according to bankers.

Port services provider Pelabuhan Indonesia II’s (Pelindo II) has asked banks lending to a $1bn loan to accept looser covenants on the borrowing. The changes come as the company is eyeing a bond issue that would increase debt on its books and make it difficult for it to meet the current loan conditions.

Wei Jing Oh has joined Bank of Tokyo Mitsubishi UFJ (BTMU) as an assistant vice president in the loan origination department, a source told GlobalCapital Asia. Oh was previously in the south Asia debt structuring and syndication team at Mizuho.

Danone, the French foods group, became the first European corporate bond issuer of 2015 on Wednesday, and attracted exceptionally strong demand for a €550m five year floating rate note and a €750m 10 year fixed rate bond.

Japan's three megabanks launched Indian Oil Corp’s (IOC) C$600m ($541m) loan into general syndication on January 6. As the deal requires banks to commit in Canadian dollars, the leads are focusing primarily on US and Canadian banks.

Four banks have supplied a $1.1bn 365 day loan that helped China Communication Construction Co International (CCCC International) clinch Leighton Holdings’ construction asset John Holland for A$1.15 bn ($954m).

The US market slowed down after the previous week’s blockbuster but a handful of smaller trades were sufficient to take December's haul to a record. Four corporate trades worth $2.8bn pushed issuance to $43bn, making it the busiest December ever.

South Africa’s Standard Bank has signed a $700m three year term loan, while Nigeria headquartered Africa Finance Corporation looks set to close general syndication of its $300m deal by Friday.