On Oct 29, 2013, FEIB successfully led a $110 million five-year syndication loan agreement with Sound Global (HK) Ltd., a subsidiary owned by Sound Global (Sound Global Limited, HKE:0967,SGX:E6E.SI).
\nHeadquartered in Beijing City, Sound Global is the largest non state-owned one-stop integrated water and wastewater treatment solution provider in China. In order to seize tremendous and potential business opportunities, the cross-border corporate finance team from FEIB has been engaged in the second largest global economy, diligently visiting emerging Chinese enterprises, Taiwanese companies, and various international corporations in Greater China, and has already brought in several fruitful success in leading structured financing projects.
\nTotally eight financial institutions have joined the syndication, representing another achievement for FEIB in China business deployment right after leading China Sanjiang Fine Chemicals Syndication in Aug, 2013, whereas also signaling the next growth driver for Far Eastern International Bank.
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