China Modern Dairy’s debut loan pushed out to $300m

Cows 230x150
By Shruti Chaturvedi
12 Jun 2014

China Modern Dairy Holding’s debut international syndication has been increased to $300m from $200m, driven by overwhelming market interest.

Some 19 banks have signed up for the three year term loan, said a banker close to the deal, which has Citi and Rabobank as mandated lead arrangers and bookrunners.

Pricing of the loan is based ...

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