Haier takes $250m loan into general

Haier
By Rashmi Kumar
15 Dec 2014

Chinese consumer electronics appliance maker Haier International has launched its $250m loan into general syndication after just a few days in senior. But the short time to gather banks at the top level was still more than enough with three banks joining during the senior phase.

Australia and New Zealand Bank and Westpac were the original mandated lead arrangers and bookrunners, and opened up the deal in senior in late November.

With a margin of 150bp over dollar Libor, the three year loan attracted three banks at the top. China Construction Bank ...

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