Updated: ChemChina issues pricing for $5.5bn refi

China National Chemical Corp (ChemChina) sent indicative pricing for a $5.5bn refinancing to banks late last month.

  • By Shruti Chaturvedi
  • 09 Nov 2017

It is understood to have reached out to two dozen lenders for the funds. GlobalCapital Asia reported on October 13 that the company was looking at two maturities, of three and five years, in a 70:30 ratio.

This means Baa2/BBB/A- rated ChemChina is borrowing $3.85bn from a ...

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