China National BlueStar seeks $500m

Wanhua Chemical_230px
By Pan Yue
19 Jun 2018

China National BlueStar (Group) Co, a subsidiary of China National Chemical Corp, has launched a $500m loan into general syndication, three months after its parent sealed a $5.5bn senior secured facility.

Mandated lead arranger and bookrunner Crédit Agricole brought China Development Bank into the new three year deal at the same level. They launched the facility into syndication last week, said a banker close to the situation.

The loan has been pre-funded, meaning the remaining average life for ...

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