Chinese major leads Australasian corporate loans market
The monthly year to date loan league tables from Thomson Reuters LPC, covering just the month of January 2017, include some early regional highlights - for example: China Construction Bank tops the APAC (ex Japan) mandated arranger league table; Hang Seng Bank tops the Asia mandated arranger league table; and Asia Pacific (ex Japan) YTD 2017 loan volume has reached US$7.19 billion.For the Australasian loan market, just three loans were closed in January, split among nine banks. This league table is headed by China Construction Bank, with a YTD market share of 78 per cent, courtesy of a US$1.2 billion loan that boosted local volumes to US$1.53 billion for January.Taking a distant second spot on the league table was Westpac, with a market share of just short of 5 per cent.