Millet commissioned Deutsche Bank, JPMorgan Chase and Morgan Stanley to host 1 billion of dollars in loans

Absrtact: Beijing time August 28 Morning news, before the news that Millet has commissioned Deutsche Bank, JPMorgan Chase and Morgan Stanley to host the 1 billion U.S. dollar three-year loan. The latest news shows that as many as 16 banks want to provide millet with this high

Beijing time, August 28 morning News, after the news that Millet has commissioned Deutsche Bank, JPMorgan Chase and Morgan Stanley to host the 1 billion U.S. dollar three-year loan. The latest news shows that as many as 16 banks want to provide this senior joint loan for Millet.

If the banks were to invest 150 million of billions of dollars in the advanced joint loan, the loan would reach $2.4 billion trillion, far exceeding the demand for millet. In addition, a bank may join the joint loan.

These include ANZ, Bank of East Asia, Bank of Taiwan, Tokyo-Mitsubishi UFJ Bank, Barclays, BNP Paribas, Cathay Bank, Credit Suisse, China Trust Bank, Goldman Sachs, Hang Seng Bank, ICBC Asia, ABN Amro, Bank of Malaysia, Standard Chartered Bank and wing Lung bank.

Deutsche Bank, JPMorgan Chase and Morgan Stanley are the first leading and book managers of the Millet loan, which will bear the average amount of this regular loan and subsequent revolving loans. The 3 banks took the lead in the design of the advanced Joint Loan programme from mid-July and invited other banks to participate in the loans on a proportional basis.

Millet will be through the Millet Hong Kong company for loans. The money obtained from the loan will be used for general business purposes, and millet, as the parent company, may be used to operate the funds in the Chinese market. Millet was founded in 2010, in addition to mainland China, the company also began to open up Hong Kong, India, Malaysia, Singapore and Taiwan market. Currently, Millet has been involved in 10 national and regional markets worldwide.