Sino Horizon affiliates out for dual tranche borrowing

Shanghai 230px
By GlobalCapital
28 Apr 2016

A multi-currency loan for Sino Horizon Holdings has been launched into syndication via one bank. But as the facility size is relatively small, not all lenders will be able to get a piece of the deal.

The transaction is split between an onshore and an offshore portion. The former is a Rmb120m ($18.5m) five year that is being raised by Shanghai Dingu Property, while the latter is a $93m four year for Noble World International, said a banker who has received the invitation.

DBS is ...

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