New Hope returns for $300m loan

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By Pan Yue
29 Nov 2019

Chinese agribusiness company New Hope Group has returned to the offshore loan market for a $300m facility.

China Construction Bank and HSBC are the mandated lead arrangers and bookrunners for the transaction, according to bankers.

The deal has a tenor of three years with a bullet repayment structure. The margin is 125bp over Libor. A banker who received the invitation said the all-ins are ...

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