Yanlord builds demand for $1bn loan return

Hong Kong_property_adobe_12May_575
By Pan Yue
12 Jun 2020

Chinese property developer Yanlord Land Group has returned to the loan market with a dual-tranche refinancing deal of up to $1bn.

CMB Wing Lung Bank, DBS, Hang Seng Bank, HSBC, Standard Chartered and Shanghai Pudong Development Bank are the mandated lead arrangers and bookrunners, according to a banker close to the situation. The deal was launched into syndication on Thursday.

The transaction has an initial size of $859.7m-equivalent ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial