Car drives in for $150m three year loan

auto ABS 230x
By Shruti Chaturvedi
06 Jul 2016

Credit Suisse has sent out invitations for a $150m three year bullet loan for China Auto Rental (Car).

The loan for the Chinese auto rental service provider comes with an increase option that can take it to $250m, according to a source.

Banks have three levels of participation to choose from. Mandated lead arrangers have to commit $30m or more, lead arrangers must commit $20m-$30m and arrangers ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial