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Sinochem International Overseas syndicated term loan

US$190.00 m
  • Entry date - Wednesday, 16 November 2011
  • Jurisdiction - China, Singapore
  • Practice - Banking, Finance
  • Sinochem International Overseas syndicated term loan

  • Firm
    Allens Arthur Robinson
  • Client
    Bank syndicate
  • Lead Lawyers
    Rod Howell
  • Role
    International counsel to lenders
  • Firm
    Jun He
  • Client
    Sinochem
  • Lead Lawyers
    Nelson Zhou
  • Role
    PRC counsel to borrower


DEAL SUMMARY
·         Singapore-based chemical producer Sinochem International Overseas received $185 million loan from a consortium of banks

·         Loan will be guaranteed by the Chinese state-owned enterprise, Sinochem International

·         Represents the current positive market environment for credits despite recent economic downturn


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