Asia Cement mulls $250m for China growth

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By Rashmi Kumar
15 May 2014

Asia Cement (China) Holding Corp is speaking to banks for a $250m loan to help fund its acquisition of a cement business in the Sichuan district of China.

The loan will have a five year tenor, with a two year extension option, according to a banker involved in the talks. No official request for proposals has been sent out: it is more like a verbal RFP, he added.

The company is seeking to form a mandated ...

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