E.Land opens tap for $100m two year deal

By Rashmi Kumar
13 Jun 2013

E.Land Fashion China has opened up a $100m two year term loan to the market to raise funds for general working capital and to refinance some of its debt. Standard Chartered is the sole bookrunner.

The deal has a margin of 250bp over dollar Libor. Mandated lead arrangers committing $30m and above get 240bp fees and an all-in of 370bp. Lead arrangers committing $20m-$29m earn 200bp, with an all-in of 350bp, while arrangers committing $10m-$19m earn 170bp, and an all-in of 335bp. 

Lenders ...

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