China Power opens $500m loan in general

By Pan Yue
07 Mar 2018

China Power International Development, a subsidiary of state-owned power company State Power Investment Corp, is raising a $500m three year bullet loan.

Standard Chartered is the sole mandated lead arranger and bookrunner on the transaction, said sources close to the situation.

Participants can join at two levels. Lead arrangers committing $30m or more earn a 42bp fee for an all-in of 116bp, and arrangers committing between $15m and $29m make ...

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