China Shengmu preps borrowing as Huishan shadow looms

Hong Kong-listed China Shengmu Organic Milk is set to make a comeback to the loans market about a year and a half after its last visit, as lenders remain wary about the company’s industry.

  • By Shruti Chaturvedi
  • 17 Jul 2017

The borrower has picked Rabobank to arrange the new transaction, according to several bankers not directly involved in the deal.

The size and structure of the loan has not been disclosed but bankers said circumstances have changed considerably since China Shengmu’s last syndication in early 2016.

Banks have ...

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