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Chinese property firm Country Garden Holdings Company is wooing lenders to a $140m loan to support its investments in two start-ups. -
Chinese chemical company EcoGreen International Group has returned to the offshore loan market after a three year break for $150m.
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Stockor Ng, a former DBS loans banker, started his new job at China Citic Bank International this week, GlobalCapital Asia understands.
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Chinese hotel company Huazhu Group, previously known as China Lodging Group, is asking lenders’ consent to waive some of the financial covenants on a recent syndicated loan.
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Singapore’s CapitaLand, a real estate giant, has raised a total of S$400m ($283m) from two bilateral green loans, giving a further boost to its sustainability financing credentials.
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Chinese banks’ eagerness to lend has long allowed the country’s borrowers to get away with razor-thin pricing on their offshore loans. Not anymore.
