Loan Week, November 17-24
A digest of the latest loan news.
China International Trust Investment Corp CITIC GroupÆs $200 million term loan has been launched via mandated coordinating arrangers Bank of Tokyo-Mitsubishi UFJ, HSBC, ING Bank and Mizuho Corporate Bank. HSBC and ING Bank are running the books while Bank of Tokyo-Mitsubishi UFJ is the facility and documentation agent.
The five year facility carries a margin of 35bp over Libor and is being marketed to banks on three tiers. Coordinating arrangers holding $15 million or above earn...
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