Chow Tai Fook rolls out $1.3bn five year fundraising

Jewellery
By Shruti Chaturvedi
04 Jan 2018

Activity in the Hong Kong loan market has made a robust start to the year, with a big loan for Chow Tai Fook entering syndication.

Shanghai Pudong Development Bank is the sole mandated lead arranger and bookrunner of the $1.3bn borrowing. Chow Tai Fook is raising the money to fund working capital requirements.

Banks can commit in Hong Kong or US dollars, and can participate at two levels. Those pledging $150m or ...

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