Sinochem upsizes deal to $170 million

China National Chemicals Import & Export Corporation (Sinochem) upsized its loan deal last week following strong demand from banks in the syndication stage. The loan, originally launched for $150 million by ABN AMRO, the mandated bank, was upsized to $170 million. The facility was over-subscribed by 20% with commitments totalling $180 million.