GC
Citic back with $1bn dual tranche refi led by eight
Chinese state-owned conglomerate Citic has returned to the market with a $1bn dual tranche loan, picking eight banks as mandated lead arrangers and bookrunners.
The $1bn loan is split into two tranches, a three year and a five year. Both are bullets, said a banker close to the deal.
The borrower has picked Australia & New Zealand Bank, Bank of China, Bank of Tokyo Mitsubishi-UFJ, China Construction Bank, Hang Seng Bank, HSBC, ...Already a subscriber? Login
