GF plays safe with offshore HK$650m debut loan

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GF plays safe with offshore HK$650m debut loan

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BEIJING - JUNE 11: Tienanmen Gate (The Gate of Heavenly Peace), the main entrance to Forbidden City June 11, 2012 in Beijing, China | air - Fotolia

Up to three banks are going through their credit approvals to lead Chinese company GF Securities’ debut syndicated loan of HK$650m ($84m), with the mandate letter expected to be signed next week.

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