Yue Yuen signs $300m refinancing
Hong Kong-based shoe maker Yue Yuen signed a $300n three year loan last Thursday. The loan, which is for refinancing purposes, attracted 25 banks in syndication and was oversubscribed.
The loan has a margin of 60bp over Libor and a top level participation fee of 35bp, according to Dealogic. The all-in at the top level is 72bp. Citi led the deal.
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