Huarong Investment back for HK$3bn refi

China Huarong_230px
By Pan Yue
17 Jul 2018

Huarong Investment Stock Corp has returned to the loan market for a HK$3bn ($382m) dual currency borrowing, offering similar terms as last year.

Credit Suisse is the sole mandated lead arranger and bookrunner. It launched the deal into syndication in early July, according to multiple bankers.

The facility has a tenor of 364 days and a margin of 220bp over Libor or Hibor, depending on the currency that lenders commit. Mandated ...

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