Education loans in spotlight amid sector, financial challenges

Education
By Pan Yue
06 Dec 2018

Three Chinese education companies have ventured out for new loans, adding a dash of diversity to the syndication market. But they come at a time when lenders are increasingly conservative about the sector, owing to stricter regulations and amid concerns around borrowers’ financial performance, writes Pan Yue.

OneSmart International Education Group, which listed in the US earlier this year, sent out invitations last week for a $100m three year deal led by UBS. New York-listed TAL Education is raising a $400m three year refinancing through Deutsche Bank, while New Oriental Education & Technology Group is ...

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