Xinyu Hengdeli launches rare loan for Hong Kong mid-cap

Xinyu Hingdeli Holdings, China’s largest luxury goods retailer, launched a HK$500m three year loan last week in a deal that will be closely watched as a sign of growing demand for mid-cap credits.

  • 15 Sep 2009

The loan for the Hong Kong-listed watch retailer pays a margin of 215bp over Hibor. Banks have been invited to take a HK$80m or above ticket for 70bp or lead managers can lend HK$50m to HK$79m for 50bp.

Hong Kong and Chinese mid-cap borrowers will be keeping a ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%