China Hanking’s $100m loan tempts with ‘rich pricing’
Deutsche Bank launched China Hanking Holdings’ $100m three year loan into syndication on Monday, and is tempting investors with a generous pricing of 475bp over dollar Libor, according to a banker close to the deal.
The loan size can also be increased by using a $20m greenshoe option, he said.
The deal should be reasonably well received, he said. Given the rich pricing, it will get plenty of interest.
This is the first time China Hanking, which is one of the largest privately-owned
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.