Kingboard Chemical returns for HK$6bn loan

air products and chemicals 230x150
By Pan Yue
03 May 2018

China’s Kingboard Chemical Holdings has returned to the offshore loan market for a HK$6bn ($764m) borrowing, less than six months after signing its last syndicated transaction.

DBS, Hang Seng Bank and Standard Chartered are the mandated lead arrangers and bookrunners for the new facility, said a Hong Kong-based banker who has received the invitation.

The four year deal pays a margin of 95bp over Hibor. It has a 3.8 year average life.


Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial