China Merchants’ leasing arm makes loan return

China Merchants Group’s leasing subsidiary has returned to the loan market for a $479.75m borrowing.
Agricultural Bank of China, Bank of China, CMB Wing Lung, DBS and Industrial and Commercial Bank of China are the mandated lead arrangers and bookrunners for the loan.
A banker close to the situation said the amount was decided based on the use of proceeds as approved ...Already a subscriber? Login