China’s Great Wall Motors, Shandong Precision go offshore

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By Pan Yue
13 Jul 2020

Chinese car manufacturer Great Wall Motors has paid up for its return to the loan market for a $440m-equivalent dual-currency deal.

Bank of China, China Construction Bank and HSBC are the mandated lead arrangers and bookrunners, according to bankers.

The three year bullet loan is denominated in both dollars and euros. Banks committing to the dollar tranche receive a margin of 122bp over Libor, while those joining in ...

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