Fosun slices pricing on loan return

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By Pan Yue
27 Jan 2021

Chinese conglomerate Fosun International has cut pricing on a new $560m-equivalent multi-currency loan, as it counts on banks’ hunger to lend amid slow deal flow to push its transaction past the finish line.

Ten mandated lead arrangers and bookrunners are arranging the loan. They are Bank of East Asia, Banco Comercial Português, CMB Wing Lung Bank, Commerzbank, Crédit Agricole, Chong Hing Bank, Natixis, Qatar National Bank, Shanghai Commercial Bank and Standard Chartered.

In addition to dollars and euros, the same two ...

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