State-owned giant ChemChina returns for €860m refi

By Pan Yue
05 Jun 2020

A subsidiary of China National Chemical Corp (ChemChina) has returned to the market for an €860m dual-tranche loan.

Three mandated lead arrangers and bookrunners are helming the facility. They are Banco Santander, China Construction Bank and Natixis, according to bankers.

The borrowing is split into two tranches. Facility ‘A’ has a tenor of three years with a margin of 135bp over Euribor, while facility ‘B’ ...

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