HK$3bn loan for China’s Kingboard Laminates signs

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HK$3bn loan for China’s Kingboard Laminates signs

A HK3bn ($386m) deal for Kingboard Laminates Holdings, the Chinese laminate manufacturing company, was signed on Monday. The five year deal is split into two tranches of HK$1.5bn — a term loan and a revolver. Each has a five year tenor and pays a margin of 110bp over Hibor.

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