China Hongqiao sounds out banks amid Shandong uncertainty

Shandong-based aluminium producer China Hongqiao is out to market with a three-year $200 million term loan. China Citic Bank and ING are the BMLAs on the deal, with a margin of 375bp over Libor.Four tiers are available, with BMLAs putting forward $50 million or more to receive a 100bp fee for 415bp...