China Unicom prepares for debut loan financing

Bankers await with interest as mobile phone operator seeks to raise $1bn.

Banks are gearing themselves up to bid for the mandate to arrange a US dollar umbrella refinancing facility for China Unicom. This will be the first visit to the offshore syndicated loan market by China's second largest cellular operator.

Market rumours suggest the deal will be a minimum of $700 million with the borrower keen on raising as much as $1 billion if the appetite exists. No firm details have been finalised, but it is believed the structure...

To continue reading, please login or register for free

Click for more on: china | unicom | prepares | debut | loan | financing

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...