Chinese conglomerate Fosun International, which owns a host of global businesses, has completed the refinancing of a $870 million syndicated loan due on March 28, 2025.
Of this amount, $675 million was secured through a newly arranged syndicated loan the new syndicated loan included a greenshoe option, allowing additional banks to participate.
The newly arranged $675 million equivalent three-year sustainability-linked syndicated loan was jointly led by Bank of China, China Construction Bank Macau, China Construction Bank Shanghai, and Bank of Communications, in addition to international banks, including BNP Paribas, Commerzbank, HSBC, MUFG, and...