Hengtong debuts with $100m offshore loan

Orange fibre optic cable 230x150
By Pan Yue
08 Jun 2018

Chinese optical fibre developer Hengtong Group has hit the international loan market for the first time for a $100m fundraising.

Standard Chartered is the sole mandated lead arranger and bookrunner for the term loan, which was launched into general syndication on June 6, said a source close to the situation.

The facility has a tenor of three years and amortises over 2.65 years. Potential lenders committing more ...

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