Corrected: Haitong bags HK$12bn loan

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By Pan Yue
14 Feb 2020

Haitong International Securities Group has closed its club loan at a bigger size of HK$12bn ($1.5bn) after finding support from a group of 19 lenders.

Bank of Communications and Industrial and Commercial Bank of China each committed HK$1bn.

Five banks — Agricultural Bank of China, China Merchants Bank, HSBC, Shanghai Pudong Development Bank and Wing Lung Bank — were allocated HK$800m each. Bank of China, China Citic Bank International, China Construction Bank, ...

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