Zhongce Rubber returns for $250m refi

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By Pan Yue
17 Jan 2020

Zhongce Rubber Group has returned to the international loan market for a $250m refinancing.

China Construction Bank and Standard Chartered are the mandated lead arrangers and bookrunners, according to sources.

The four year term loan pays a margin of 110bp over Libor. Mandated lead arrangers committing $30m or more receive a 90bp fee for 136bp all-in, lead arrangers committing between $20m and ...

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