Muyuan debuts with $200m borrowing
Chinese pork producer Muyuan Foods has set the ball rolling on its debut $200m offshore loan.
Rabobank and Standard Chartered are the mandated lead arrangers and bookrunners for the facility.
The loan has a tenor of three years with an average life of 2.75 years. The margin is set at 170bp over Libor, said a source close to the deal.Three participation levels ...