Leoch returns for $100m refi

By Pan Yue
12 May 2020

Chinese battery maker Leoch International Technology has returned to the loan market for a $100m refinancing.

China Citic Bank International, Hang Seng Bank and HSBC, which arranged the borrower’s last deal, are the mandated lead arrangers and bookrunners once again.

The loan has a tenor of three years and amortises over 2.25 years. It offers a margin of 270bp over Libor and a participation ...

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