Late arrival: MTR HK$15bn marks return after nine years

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By Shruti Chaturvedi
18 Feb 2016

Hong Kong’s MTR Corp has a reputation for recalibrating pricing in the region’s syndicated loan market and its latest HK$15bn ($1.9bn) dual-tranche facility is no different. The company has returned to the market after a gap of nearly 10 years, but its long absence is unlikely to pose a challenge, writes Shruti Chaturvedi.

MTR Corp is seeking a loan of HK$15bn ($1.9bn) in two tranches and has picked a quartet of banks for the deal. Bank of China, Bank of Tokyo-Mitsubishi UFJ, HSBC and Mizuho are the mandated lead arrangers and bookrunners on the loan, which is split evenly between a ...

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