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Facility refinances loans signed in 2022 and 2023 with multiple institutions providing the financing
More robust growth expected in 2026
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Huarong Rongde Hong Kong Investment Management Co is in the loan market for $100m, barely three weeks after another entity within the same group, China Huarong Asset Management, rolled out a HK$3bn ($386m) syndication.
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Nine mandated lead arrangers and bookrunners have invited lenders to join the international loan market debut of Ant Financial subsidiary, Alipay (Hong Kong) Holding. The money will partly be used to support Ant’s bid to acquire MoneyGram.
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Chinese property developer Yanlord Land Group is mulling increasing the size of its latest borrowing after over $1bn of commitments poured in for the $600m loan.
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Sumitomo Mitsui Banking Corp has beefed up its loans distribution team for Asia, in line with its objective to build its capabilities in the business.
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Senior loans banker Sean Joseph left ANZ Bank on Friday, according to a source close to the matter.
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