Jingneng Clean Energy bumps up margin on loan return

Wind farms from Fotolia 230x150
By Pan Yue
09 Jul 2019

Beijing Jingneng Clean Energy is offering a slightly higher margin on a new HK$3bn ($385m) loan, compared to a green loan sealed last year.

DBS and Standard Chartered are the mandated lead arrangers and bookrunners for the transaction, according to a banker close to the situation.

The company is seeking a three year term loan with an average life of 2.85 years. The margin is set at 155bp over Hibor — ...

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