Yieh Phui hits market with Rmb400m loan via BNP Paribas

01 Feb 2010

Yieh Phui China is in the market with a Rmb400m three year loan becoming the first Taiwanese borrower this year to launch a deal solely through a foreign lender.

BNP Paribas, the initial bookrunner, launched the deal last week after OCBC committed Rmb70m for the title of mandated lead arranger.
The loan carries a rate of 100% of the People’s Bank of China (PBOC) benchmark lending rate. Lenders taking a Rmb50m ticket and above will receive 70bp, while ...

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