China Resources builds up loan to HK$6bn with 10
More than 10 banks have joined China Resources Land’s HK$3bn ($386m) loan, with overall commitments now exceeding HK$6bn. The oversubscription means that the company will consider increasing the loan size when syndication closes, according to a banker close to the deal.
The bookrunners and mandated lead arrangers, Agricultural Bank of China, Bank of China (Hong Kong) and China Construction Bank, plan on wrapping up the general phase by the end of the month.
The borrower, which is the flagship company of China Resources Group, will decide on the final
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