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Lenovo Seeks $2 Billion Loan to Refinance Debt at Lower Cost
Source: Bloomberg
Credit & Bond MarketsBanking & LiquidityEmerging MarketsCompany Fundamentals
Lenovo is seeking a $2 billion loan at a lower price than an earlier facility it plans to refinance. The article attributes banks’ willingness to lend to major Chinese firms to a dearth of deals in Asia; no pricing spread or market reaction is reported.
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