China Hongqiao Group has secured a $597 million three-year-and-six-month term loan through bookrunners and mandated lead arrangers ANZ, Credit Agricole, HSBC, ING and RBS.
Syndication saw Commonwealth Bank of Australia join in as mandated lead arranger while China CITIC Bank International, KDB, KDB Asia, Luso International Banking, Woori Bank and Woori Global Markets Asia came in as lead arrangers. Bank of Shanghai joined in as arranger while Hua Nan Commercial Bank concluded the syndicate as senior manager.
Proceeds are for general corporate purposes.
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