Fosun Industrial out for $550m borrowing

By Pan Yue
24 May 2018

Fosun Industrial Co has returned to the offshore market for a $550m three year senior term loan that will refinance debt taken on for an acquisition last year.

ANZ, BNP Paribas Hong Kong branch, First Abu Dhabi Bank, Natixis Hong Kong branch, Standard Chartered Bank Hong Kong and Westpac Banking Corp are the mandated lead arrangers and bookrunners. The deal was launched into syndication on Monday. 

The three year facility comes with a two year extension option. ...

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