Xtep returns for HK$1.6bn refinancing

Xtep sports company ad 230px
By Pan Yue
24 Jul 2019

Chinese sportswear manufacturer Xtep International Holdings has returned to the loan market for a HK$1.6bn ($204m) refinancing deal that is open only to existing lenders.

HSBC is the sole mandated lead arranger and bookrunner, according to a banker who received the invitation.

The company is seeking a longer tenor this time around of four years with an average life of 3.7 years. But the pricing is lower compared to Xstep’s last borrowing ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.