Beijing Constructions builds $350m loan comeback

beijing_adobe_575x375_20
By Pan Yue
16 Sep 2020

Beijing Construction Engineering Group has returned to the debt market for a $350m term loan.

Deutsche Bank, Natixis and Maybank are the mandated lead arrangers, underwriters and bookrunners.

The three year loan has a bullet repayment. It offers a margin of 195bp over Libor. MLAs committing $40m and above receive a 70bp fee for 218.3bp all-in, and those committing $20m to $39m earn ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial