Chengdu Jinniu Wanda Square Investment has signed a Rmb1 billion 10-year term loan through sole bookrunner and mandated lead arranger Bank of China. The single tranche facility will be repaid semi-annually.
Final allocations saw the lead take Rmb350 million while participant Agricultural Bank of China lent Rmb250 million. China Everbright Bank and Postal Savings Bank of China pledged Rmb150 million each while Bank of Chengdu take Rmb100 million.
Proceeds are for refinancing purposes.
E-Land Fashion China Holdings has secured a $100 million two-year term loan through sole bookrunner and mandated lead arranger Standard Chartered.