Corrected: Haitong bags HK$12bn loan

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, ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial