China’s CPI Ronghe, Tian Lun Gas return to loans

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By Pan Yue
08 Sep 2020

CPI Ronghe Financial Leasing, a subsidiary of Chinese state-owned State Power Investment Corp, has returned to the loan market for $150m.

Agricultural Bank of China and CMB Wing Lung are the mandated lead arrangers and bookrunners.

The loan has a tenor of two years with a bullet repayment. It offers a margin of 120bp over Libor — identical to what Ronghe paid for a two year borrowing closed ...

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