GC
Kingboard Chemical returns for HK$6bn loan
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.
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