Tangshan Iron & Steel (Tangsteel)

Tangshan Iron & Steel - Pre-Payment

Industry
Metals and Mining/Ores & alloys
Area of finance
Commodity Trade Finance
Region
Asia Pacific
Asia Pacific
Countries
China

Deal Overview

The USD 800m Structured Commodity Trade Finance (SCTF) syndication is for Tangsteel’s exports to Duferco on steel products via its Hong Kong trading platform, Sinobiz.   The financing was innovatively structured with the a tight security package including assignment of commercial...

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Deal Volume
$800m
Financial Close
25/10/2013
Dealmakers
Caden Ng

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Frank Wu

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Rik van Pul

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Sources

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Tranches

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