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Real estate developer China Aoyuan Group has closed a $225m-equivalent dual currency loan with nine banks in the syndicate. -
Aluminium producer China Hongqiao Group has returned to the loan market for a $200m borrowing.
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Indian agrochemical firm UPL Corp has opened the country’s first sustainability-linked loan into syndication.
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Ho Chi Minh City Development Joint Stock Commercial Bank has closed its debut offshore borrowing at $71m.
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A consortium led by Malaysia’s TTL Energy and Engie Asia Pacific, the regional arm of French energy firm Engie, has raised a RM342m ($84m) green loan to support the development of a solar plant in Malaysia.
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Taiwanese semiconductor distribution company WT Microelectronics is plotting a return to the loan market after an absence of almost eight years. Bankers say more companies from the sector are likely to turn to loans in 2021 as strong growth in the industry propels opportunistic fundraising. Pan Yue reports.
