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July 2007
Hynix-ST Semiconductor is expected to close a $650 million one-year bridge on July 27. Bookrunners China Development Bank and Korea Development Bank are in the market with the deal, which will finance the purchase of machinery for the second phase of Hynix's wafer plant project in China.
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The three bookrunners on the record-breaking £3.6 billion ($7.2 billion) acquisition facility backing Tata Steel's buy-out of Anglo-Dutch steelmaker Corus completed a series of roadshow presentations this week in Singapore, after visiting New York and London last week.
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ANZ has closed a project finance facility for an iron or pellet project in Zhuhai, China
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Mandated lead arranger HSBC is in the market with a $80 million equivalent dual-currency five year loan for Long Chen Paper Factory - a PRC subsidiary of Taiwan-based Long Chen Paper Company - to fund the purchase of machinery and the construction of a paper factory in Zhejiang Province, China.