China Forestry plants new $100m loan

China forestry230px
By Rashmi Kumar
20 Sep 2019

China Forestry Group is back in the loan market, seeking a $100m deal, with China Everbright and Far Eastern International Bank as the mandated lead arrangers and bookrunners.

The four year bullet loan pays a margin of 195bp over dollar Libor, said a banker close to the situation.

MLAs committing $30m or more receive a fee of 60bp, lead arrangers committing $20m to $29m earn 40bp and arrangers committing $10m get 20bp.

Banks have ...

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