Zhejiang launches $297m loan
Zhejiang New Century Hotel Management’s $297m multi-tranche loan has launched into general syndication, with the Chinese company appointing Standard Chartered as the sole bookrunner.
The lead took the deal to the market last week, according to a banker familiar with the loan.
The deal is split into different chunks: two US dollar and one renminbi portion. The $161m three year tranche and the $72m one year chunk have both been priced at
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