Dongying metal companies suspend $300m borrowing

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By Pan Yue
12 Dec 2019

Dongying Fangyuan Nonferrous Metals and Dongying Lufang Metals Material have stopped the syndication of a $300m loan.

ABN Amro, the mandated lead arranger and bookrunner, has sent potential participants a letter saying the syndication is “suspended” and that it will no longer accept commitments, according to a banker who received the letter. She said that it does not specify the reasons for the suspension.

“When ...

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