China Resources Cement picks Mizuho for HK$800m loan
China Resources Cement Holdings hit the market last week with a HK$800m term loan through Mizuho, adding to the flow of deals from Chinese borrowers arranged by foreign lenders.
The three year amortising loan is being arranged on a best-efforts basis and carries a margin of 95bp over Hibor or Libor, as lenders can choose to commit in Hong Kong or US dollars.
Lenders can take a HK$150m ticket for an all-in of 120bp or a HK$80m
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