Chailease International Finance has secured a Rmb1 billion three-year term loan through sole bookrunner Mizuho.
The single-tranche financing is guaranteed by Chailease Holding.
Final allocations saw the lead take Rmb200 million while mandated lead arranger Bank of Shanghai contributed Rmb500 million. Arrangers Agricultural Bank of China and Korea Development Bank completed the syndication by providing Rmb200 million and Rmb100 million, respectively.
Proceeds are for working...