If the shoe fits: Belle seals HK$30bn A&E, div recap

shoes right size
By John Loh
30 Aug 2018

Belle International reeled in some five banks in general syndication for its HK$30bn ($3.8bn) loan, with several more commitments left to be processed before the deal is closed.

Bank of America Merrill Lynch and HSBC are aiming to wrap up syndication by Monday, according to a source close to the matter. Belle, a Chinese footwear retailer, is seeking to amend and extend a borrowing signed last year as well as to raise new funds for ...

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