Changshu City Business Investment has sealed a Rmb 650 million five-year term loan through bookrunner and mandated lead arranger Bank of China.
The facility is priced at 118% PBOC rate.
Final allocation saw the lead give Rmb 400 million while China Construction Bank lent 250 million.
Proceeds are for capital expenditure purposes.
Suzhou Wuzhong Track Development has inked a Rmb 3.2 billion...