China New Higher Education opens debut loan

China New Higher Education Group is making its debut in the international syndicated loan market with a HK$1.5bn ($192m) financing.

  • By Shruti Chaturvedi
  • 12 Dec 2017


China Minsheng Bank is arranging the maiden borrowing, opening books for the deal last week, said sources. Although the borrower operates in the education sector, popular among bank investors, the company is willing to pay a beginner’s premium to attract demand, they said.

The loan has a door-to-door ...

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