Guodong, Bestway debut in offshore market

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By Pan Yue
01 Nov 2018

Two Chinese companies, Guodong Network Communications and Bestway Global Holding, have ventured out for their maiden loans, seeking €150m ($170m) and $150m respectively.

Deutsche Bank is the sole mandated lead arranger and bookrunner of Guodong Network's three year transaction, according to a banker who has received the invitation.

The company, which develops communication towers, plans to raise €100m-€150m. The bullet deal offers a margin of 260bp over Euribor. Potential lenders committing ...

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