China's finance sector loans almost double from last year

Australasia Investment-Grade loans increase 33% YoY

         Sentinel Financing has signed an A$ 586 million facility through joint mandated lead arrangers ANZ, Commonwealth Bank of Australia, DZ Bank, KFW, MUFG Bank and National Australia Bank on a club basis. Proceeds are used to refinance an existing A$ 603 million facility used for supporting the construction of the 800-bed low- to maximum-security Doug Owston Correctional Centre.

         In Australasia, Investment-Grade loans stand at $78.8 billion so far this year, up 33% from $59.3 billion in the same period of 2017.