China’s Baoxin, Xinyi seek new financings

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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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