China
China Tian Lun Gas Holdings has raised a $78 million three-year term loan through joint bookrunners First Commercial Bank, Taishin International Bank and Taiwan Cooperative Bank.
Syndication saw First Commercial Bank hold $20 million while Taishin International Bank and Taiwan Cooperative Bank took $14 million apiece. Participants Bank of Kaohsiung and CTBC Bank gave $10 million each while Far Eastern International Bank contributed $7 million. Hua Nan Commercial Bank rounded up the group with $4 million.
Proceeds are for general corporate purposes.
Chipmore Technology (Suzhou) has completed a $36 million three-year term loan through joint bookrunners CTBC Bank and E.Sun Commercial Bank on a club basis.
The facility is priced at 200bp over Libor.
Final allocations saw the leads contribute $18 million apiece.
Proceeds are for capital expenditure and debt repaying purposes.
Hong Kong
China Merchants Loscam (Asia Pacific) has inked a $300 million five-year credit facility on a club basis through mandated leads HSBC, NAB, Standard Chartered and Westpac.
Final allocations saw HSBC, NAB and Westpac commit $85 million each while Standard Chartered provided $45 million.
Proceeds are for refinancing and general corporate purposes.
India
Air India has obtained a $190 million one-year bridge facility through sole bookrunner and mandated lead arranger Deutsche Bank.
The facility is split into a $100 million tranche and a $90 million portion.
Syndication saw First Gulf Bank join in as participant.
Proceeds are for aircraft financing.
Arshiya Northern FTWZ has secured a Rs3.2 billion debt package through sole bookrunner State Bank of India.
The facility consists of a Rs2.5 billion 14-year and five-month term loan, a Rs169 million eight-month tranche, a Rs429 million eight-year and five-month tranche and a Rs39 million one-year portion.
Syndication saw Axis Bank, Punjab National Bank, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore come in as participants.
Proceeds are for debt restructuring purposes
Arshiya Rail Infrastructure has obtained a Rs5.1 billion multi-tranche loan package through sole bookrunner and mandated lead arranger State Bank of India.
Syndication saw Bank of India, Corporation Bank, Dena Bank, Karur Vysya Bank, Punjab National Bank, South Indian Bank and Syndicate Bank come in as participants.
Proceeds are for debt restructuring purposes.
Singapore
AerCap Holdings has secured a $180 million five-year financing through sole bookrunner and mandated lead arranger DBS.
Syndication saw Bank of East Asia, Bank of Taiwan, Chang Hwa Commercial Bank, First Commercial Bank, Hua Nan Commercial Bank, ICBC, Land Bank of Taiwan, Taiwan Business Bank and Taiwan Cooperative Bank join in as participants.
Proceeds are for general corporate purposes.
Taiwan
Cosmo Electronics and PT COSMO Technology have secured a NT$789 million-equivalent three-year revolving credit facility through sole bookrunner Taishin International Bank.
The loan package includes a NT$224 million tranche, a NT$215 million-equivalent dual-currency tranche and a $12 million portion.
Syndication saw Bank of Kaohsiung, Bank of Taiwan, Chang Hwa Commercial Bank, First Commercial Bank, Hua Nan Commercial Bank, Mega International Commercial Bank, Shanghai Commercial & Savings Bank and Taiwan Cooperative Bank join in at lower tiers.
Proceeds are to repay existing indebtedness and for working capital purposes.
Thailand
Solar Power (Surin 1) has sealed a Bt495 million 10-year term loan through sole bookrunner and mandated lead arranger Kasikornbank.
Final allocations saw the lead take Bt198 million while participant Bank of Ayudhya and Industrial & Commercial Bank of China joined in with Bt173 million and Bt124 million respectively.
Proceeds are for the development of a solar project.
