Phoenix Healthcare, CP Group send out invitations

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By Shruti Chaturvedi
04 Sep 2014

Deutsche Bank is sounding out lenders for a $100m three year loan for Chinese private hospital group Phoenix Healthcare.

The facility, which offers banks a margin of 310bp over Libor, is expected to open into general syndication later this week, said a banker who received the invitation. Phoenix is raising the funds for refinancing and working capital purposes, he said.

The company will repay 15% of the ...

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