LOANS: Vanke's US$300m Facility Launched Into Syndication
The US$300m five-year term loan for Vanke Real Estate (Hong Kong) has been launched into general syndication, after attracting a number of banks to join as MLAs. The facility is led by Bank of China (Hong Kong) and pays a margin of 260bp over Libor. The facility has an average life of 3.85 years.
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