Biostime firms up borrowing of $845m for refinancing

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By GlobalCapital
28 Apr 2016

Chinese paediatric nutrition company Biostime International Holdings has put into motion an $845m loan package to refinance debt.

Goldman Sachs has been picked to supply the three year secured loan and will be syndicating it to other institutions, Biostime said in a Hong Kong Stock Exchange filing. Subsidiary Biostime Healthy Australia Investment is the borrower.

The money, which will be available for utilisation within 30 days of ...

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