Texhong opens HK$1bn loan into general

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By Pan Yue
20 Jul 2018

China’s Texhong Textile Group has returned to the offshore loan market for a HK$1bn ($127m) fundraising.

Sumitomo Mitsui Banking Corp, the sole mandated lead arranger and bookrunner, launched the deal into general syndication on Wednesday, according to a banker who received the invitation.

The three year amortiser has an average life of 2.7 years. Two participation levels are available. Lead arrangers committing more ...

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