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Investment Grade Loans

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  • Kingboard Chemical Holdings is looking to increase the size of its loan to HK$6bn ($773m) from the launch size of HK$5bn, following robust demand from banks during general syndication.
  • Taqa — Amer Sports — Tofas — Safestore
  • Yingda International Leasing, a company owned equally by General Electric and China’s State Grid Corp, is raising a Rmb500m ($82m) three year borrowing. The deal comes with a greenshoe that allows the bookrunners to double its size to Rmb1bn.
  • Property developer HKR International is considering increasing the size of its borrowing to HK$6bn-HK$7bn ($774m-$903m) after receiving a strong response in a market where Hong Kong credits have been scarce.
  • Yingda International Leasing, a company owned equally by General Electric and China’s State Grid Corp, is seeking an Rmb500m ($82m) three year loan in general syndication, with the help of two Taiwanese banks. The deal comes with a greenshoe allowing the bookrunners to double its size to Rmb1bn.
  • Taiwanese electronics company Chicony Power Technology has hit the market for an NT$4bn ($128m) revolver, picking one bank to co-ordinate the transaction. The loan can be drawn in US dollars and Taiwanese dollars, depending on the borrower’s need, said a source.