Third time lucky: China Gas seeks new $300m
China Gas has launched a $300m five year loan to the market, its third syndication this year, as it takes advantage of the strong response gathered from lenders for its previous transactions.
The new financing is led by Australia and New Zealand Bank and Commonwealth Bank of Australia, which have priced it at 210bp over dollar Libor.
Mandated lead arrangers need to commit $40m or more for fees of 1.25% and all-in of 2.35%, said a banker. Lead arrangers
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