Yingda International reissues loan at $250m

By Shruti Chaturvedi
03 Oct 2016

Yingda International Leasing has issued modified terms for its latest loan, following a change in ownership.

When the deal went into general syndication with Crédit Agricole and CTBC Bank at the helm, the company was owned equally by China's State Grid Corp and the US's General Electric. But later, China State Grid became the borrower's sole shareholder.

Having a single major shareholder is ...

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