Man Wah and Water Affairs woo banks for new loans
Hong Kong-listed Man Wah Holdings and China Water Affairs Group are seeking offshore loans of $100m and $200m respectively.
Furniture manufacturer and retailer Man Wah has launched its debut $100m loan into general syndication.
Hang Seng Bank is the sole mandated lead arranger and bookrunner, according to sources.The deal is priced at a margin of 188bp over dollar Libor. It has a tenor of three years ...