Aoyuan closes $230m loan with eight banks

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By Pan Yue
24 Jan 2020

China Aoyuan Group has closed a $230m-equivalent club loan with eight banks.

Hang Seng Bank was the sole co-ordinator. It brought in Bank of East Asia, China Construction Bank, China Guangfa Bank Macau branch, Chong Hing Bank, HSBC, Hang Seng Bank, and Nanyang Commercial Bank, which made commitments through both Hong Kong and Guangzhou branches.

The dual currency loan ...

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