Huawei upsizes loans to $1.5bn and finalises allocations

Chinese telecommunications giant Huawei closed general syndication last week for a loan that amassed strong demand from banks, allowing the leads to increase the size of the deal from $700m to $1.5bn.

  • By Frances J. Yoon
  • 22 Jul 2013

The deal, which closed July 10, comprises a $1.1bn US dollar tranche and a €300m ($395m) euro tranche, according to one of the bankers on the trade.

Australia and New Zealand Bank (ANZ), Citi, DBS, HSBC, SMBC and Standard Chartered acted as mandated lead arrangers and bookrunners. HSBC took $121.18m in the US ...

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