A person familiar with the matter revealed that Fosun, a large private group in China, was close to the 10 billion -level scale led by China State -owned Bank of China in the shore syndicate.
Bloomberg quoted people familiar with the matter and said that Shanghai Fosun High Technology (Group) Co., Ltd., a subsidiary of Fosun International, is about 12 billion yuan (RMB, the same, about S $ 2.4 billion), which is about 12 billion yuan.In -depth consultation, the loan is led by the Industrial and Commercial Bank of China, and the details may still face changes, and the final approval of other participating banks is needed.
One of the people familiar with the matter said that the loan is expected to be finalized as soon as mid -month.
A media representative of Fosun Hi -Tech said that the loan was promoted smoothly as planned, but the detailed situation could not be disclosed.
As a large -scale diversified enterprise group in China, which once acquired overseas assets, Fosun International has been listed in a negative observation list in June last June, and the US dollar debt has plummeted, corporate liquidity risk and debt pressureStart touching the market sensitive nerves.The company then began to actively sell or reduce its holdings of many assets including Fosun Pharmaceutical.
Citi Analysts quoted the company's management in the report of the October last year that the Fosun International Management Plan plans to deal with non -core assets of 50 billion to 80 billion yuan in the next 12 months.Bills, add bank loans.The company also plans to try to return to the public market to issue bond fundraising.Fosun US dollar debt quotation has rebounded from the trough last year.
