China’s Baoxin, Xinyi seek new financings

By John Loh
06 Sep 2018

Two Chinese companies, Grand Baoxin Auto Group and Xinyi Glass, are tapping the offshore loan market for new financings.

Grand Baoxin has launched a $200m three year loan into general syndication, shaving 16bp off the top-level pricing from a year ago.

Mandated lead arranger and bookrunner Standard Chartered has split the financing into two tranches under Baoxin Auto Finance I and B1-rated Grand Baoxin Auto Group. Pricing ...

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