China Offshore Syndicated Loan Issuers Expected to Pay Higher Costs
- Pricing of marginal names should widen now: China Minsheng
- Average loan margins have fallen for six straight years
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After sliding for six straight years, borrowing costs of Chinese companies from the offshore syndicated loan market are expected to grow in 2019 as lenders’ funding costs rise and defaults from the country surge, according to a Bloomberg survey.
Here’s what the survey of 32 bankers in the region shows: