Trade war tensions to seep into loan syndications market

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By Pan Yue
18 Oct 2018

Chinese privately-owned borrowers should be prepared to cough up higher margins and offer tighter covenants for their syndicated fundraisings as trade tensions between the Mainland and the US escalate.

The trade war between China and the US kicked off in early July when the US imposed 25% tariffs on around $34bn of imported Chinese goods. The second round of tariffs was imposed by the US in mid-August, with China once again retaliating. But things ratcheted up last ...

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