General syndication was launched earlier this week for Wharf (Holdings) HK$4.5 billion five-year term loan. The coordinating arrangers for the deal are a group of 11 banks - ABN AMRO, Bank of China, BNP Paribas, Citibank/SSB, Commerz East Asia, Hang Seng Bank, ICBC, Rabobank, Societe Generale, Standard Chartered and Sumitomo Mitsui Banking Corporation (SMBC). Commerz East Asia is the publicity agent for the transaction. Syndication closes on July 24.