The steel trader’s two-year prepayment has received a strong response from lenders and could net approximately $2bn in commitments, one source said....
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The Chinese copper trader has closed the deal oversubscribed.
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China Ex-Im and the steel company’s parent have provided guarantees on the loan.
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Citi and Mercuria have squared off in a London court over alleged metals fraud in Qingdao, China.
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This is the metals trader’s first outing in the loans market since July 2013.
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The Australian bank received regulatory approval in April 2014.
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UK Only Article:
standard article
Issue:
Sheikhs v shale
Fly Title:
...
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UK Only Article:
standard article
Issue:
Sheikhs v shale
Fly Title:
...
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The factoring firm expects an annual factored volume of $25 million in 2015 with a Chinese apparel exporter....
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