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Volume dips only slightly despite there being a third fewer transactions
Strong appetite from international banks for first gigascale 24/7 solar plant
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Deal was three times oversubscribed
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Greenland Hong Kong Holdings, a subsidiary of property developer Greenland Holding Group, has launched a HK$2.5bn ($323m) three year loan into general syndication via facility manager Wing Lung Bank. -
Indian Oil Corporation launched its $650m five year loan into syndication on June 6 after adding five mandated lead arrangers and bookrunners to the existing nine.
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Four banks are on board the offshore Rmb800m ($130m) one year loan for the e-commerce arm of China Minsheng Bank, Minsheng E-commerce.
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Commodities trader Gunvor Singapore, a wholly-owned subsidiary of Gunvor Group, has closed its syndicated facility at a much larger than targeted size of $536.6m, after it was oversubscribed in general syndication.
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China Modern Dairy Holding’s debut international syndication has been increased to $300m from $200m, driven by overwhelming market interest.
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Eleven banks have joined Chinese state-owned grain trader COFCO’s $3.2bn dual tranche loan, even though it was launched at a time when regulators were cracking down on bank exposure to China.
