China Merchants’ leasing arm makes loan return

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By Pan Yue
23 Feb 2021

China Merchants Group’s leasing subsidiary has returned to the loan market for a $479.75m borrowing.

Agricultural Bank of China, Bank of China, CMB Wing Lung, DBS and Industrial and Commercial Bank of China are the mandated lead arrangers and bookrunners for the loan.

A banker close to the situation said the amount was decided based on the use of proceeds as approved ...

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