Citic Capital opens HK dollar loan into syndication

Private equity 230x150
By Pan Yue
31 May 2018

Chinese alternative investment firm Citic Capital Holdings has approached the loan market for a new HK$2.5bn ($318m) borrowing.

The deal consists of two tranches: a HK$625m term loan and a HK$1.875bn revolving credit facility. Both parts have a tenor of three years with a bullet repayment, according to bankers.

Bank of China, Bank of Communications, China Everbright Bank, Hang Seng Bank and HSBC are the mandated ...

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