Kangde Xin kicks off $200m loan debut

Hailiang Group_230px
By Pan Yue
08 May 2018

Kangde Xin Composite Material Group has made its debut in the offshore loan market, launching a $200m three year deal into syndication.

Bank of China and Standard Chartered are the mandated lead arrangers and bookrunners. They launched the facility last Friday, said a banker close to the situation.

The loan has a weighted average life of 2.825 years and pays a margin of 170bp.

The banks are offering three ...

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