Yanlord boosts loan to $1.1bn

Hong Kong_property_adobe_12May_575
By Pan Yue
12 Aug 2020

Chinese property developer Yanlord Land Group has increased the size of its latest borrowing to $1.1bn-equivalent after receiving strong response during syndication.

CMB Wing Lung Bank, DBS Bank, Hang Seng Bank, HSBC, Standard Chartered and Shanghai Pudong Development Bank were the mandated lead arrangers and bookrunners. They launched the deal into syndication in June.

The deal was split into a term loan tranche denominated in both US dollar ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial