loan-week-july-7--14

Loan Week, July 7 - 14

A round up of the latest syndicated loan market news.
China

The $425 million renminbi equivalent loan for AU Optronics Suzhou and AU Optronics Xiamen has been allocated. A total of 21 banks joined in syndication.

Coordinating arrangers are China Construction Bank and Agricultural Bank of China taking $55 million and $50 million respectively. Bank of China is committing $45 million while Bank of Communications and Industrial Bank are providing $22.5 million each. Seven other coordinating arrangers û ABN Amro, Bank of Tokyo-Mitsubishi UFJ, HSBC, Standard Chartered, BayernLB, China Merchants Bank, and Industrial Commercial Bank of China are contributing US$20 million apiece. United Overseas Bank ended up with US$18 million and joined as an equal status arranger.

Joining as...
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