China Jinmao opens the doors to HK$4bn borrowing

China property Fuzhou_230px
By Pan Yue
12 Apr 2018

China Jinmao Holdings has launched a HK$4bn ($509m) loan into syndication through a group of lenders that include the country’s big four state-owned commercial banks.

Agricultural Bank of China, Bank of China, China Construction Bank, Industrial and Commercial Bank of China and Standard Chartered are the mandated lead arrangers and bookrunners for the property developer’s deal, which was launched into general syndication on April 3, according to bankers.

The transaction is split into ...

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