Banks deliberate pros and cons of $30bn ChemChina loan

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Banks deliberate pros and cons of $30bn ChemChina 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

The Asian syndication of a jumbo loan to back China National Chemical Corp’s (ChemChina) acquisition of Syngenta is seeing interest from many international lenders in Asia. Banks are weighing the benefits of the borrower’s state ownership against the weakness of its financials on a standalone basis, writes Shruti Chaturvedi.

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