58.com receives $3.5bn loan to back privatisation

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58.com receives $3.5bn loan to back privatisation

Pan Yue
June 16, 2020 09:30 am
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Chinese guardian lion, Forbidden City, Beijing, China | Christian Wittmann/chrwittm - stock.adobe.com

Chinese online marketplace 58.com has received a $3.5bn loan from Shanghai Pudong Development Bank to support its take-private.

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Topics

Syndicated LoansChinaAsiaGreater ChinaNortheast AsiaShanghai Pudong Development BankLoans and High YieldAsia PacificLevFinLeveraged LoansEmerging Market LoansLevFin Leveraged LoansEmerging Markets
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Pan Yue
Loans reporter GlobalCapital Asia
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