Shenwan makes HK$3bn loan debut through SPDB
Chinese brokerage Shenwan Hongyuan Securities is out for a one-year bridge loan, seeking HK$3bn ($385m) for its international loan market debut.
Shanghai Pudong Development Bank is the sole mandated lead arranger and bookrunner for the transaction, according to a source close to the situation.Lenders can choose to commit in either US or Hong Kong dollars. The margin is set at 110bp over Libor or Hibor depending on ...
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