Aoyuan builds $225m loan with nine banks

China_property_Adobe_25July
By Pan Yue
09 Mar 2021

Real estate developer China Aoyuan Group has closed a $225m-equivalent dual currency loan with nine banks in the syndicate.

Bank of China (Hong Kong), Hang Seng Bank and Nanyang Commercial Bank alongside its Guangzhou branch were the mandated lead arrangers and bookrunners for the facility. Hang Seng was the agent, according to a filing with the Hong Kong stock exchange.

Six lenders joined the syndicate group. ...

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