ChemChina in talks for $5.5bn two tranche refinancing

China National Chemical Corp (ChemChina) has approached banks for a $5.5bn two tranche borrowing to help refinance a $12.7bn acquisition loan signed last September.

  • By Shruti Chaturvedi
  • 13 Oct 2017
ChemChina is yet to send a formal request for proposals but wants to put a new facility in place soon, as it would otherwise have to bear a higher cost of funds for the last loan. This is because the $12.7bn loan becomes more expensive the longer the ...

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