Sheng Ye seeks debut offshore RMB loan

By Pan Yue
07 Oct 2020

Sheng Ye Capital, a Hong Kong-listed financial services provider, has made its debut in the syndicated loan market. It is raising funds in offshore renminbi.

Bank SinoPac and Mega International Commercial Bank are the mandated lead arrangers and bookrunners for the Rmb700m ($103m) deal, which is being syndicated in Taiwan.

The borrowing has a tenor of two years with an average life of 1.3 years. The margin is set at 270bp over ...

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