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China GDP slowdown fails to deter private equity

August 07, 2010  

Three private equity transactions were executed in China last week, despite the continued emergence of data suggesting that the country’s economic expansion is slowing. It highlights the continued appeal of the country in the face of such news, writes mergermarket.

The announcement of a trio of private equity transactions in China last week highlights the country's continued appeal, despite the emergence of weaker-than-expected growth metrics.

In the largest of the three deals South Korean polymer products manufacturer Hanhwa Chemical Corp....


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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