Geely eyes $900m loan for restructuring

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By Pan Yue
07 Apr 2020

Zhejiang Geely Holding Group, a Chinese auto company, is in talks with banks for a new loan to support a planned restructuring.

It plans to raise a $900m three year club deal, according to multiple bankers close to the situation. The discussion is at a preliminary stage, and no final decision has been made, said one of the bankers.

The Chinese car manufacturer wants to use the proceeds to support ...

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