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Profit Reach uses put option in lieu of loan guarantee

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By Pan Yue
24 Jan 2019

Profit Reach, an investment vehicle owned by Chinese billionaire Shen Guojun, is seeking a $550m refinancing loan with a rare put option provided to lenders. The deal has raised debate over whether the structure can catch on in Asia. Pan Yue reports.

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By Pan Yue
24 Jan 2019