Golden Eagle seen raising three year loan to $700m

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Golden Eagle seen raising three year loan to $700m

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Mandoline Stephen/curioustravelers - Fotolia

Chinese department store operator Golden Eagle International Trading is likely to increase the size of its latest borrowing for a second time to $700m. General syndication, which was launched in early April, coincided with a rating downgrade of parent Golden Eagle Retail Group by Fitch, but an attractive yield amid fewer deals helped see the financing through, said bankers.

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