Huawei sours Samurai Loan outlook

摘要

The arrest in Canada of huawei technologies' CFO at the request of US authorities has curbed Japanese lenders' appetite for the company's debut Samurai loan, potentially hurting future deals from Chinese borrowers. The three Japanese mega banks - Mizuho Bank, MUFG and Sumitomo Mitsui Banking Corp - are now in talks with the borrower on its US$300m-equivalent three-year Samurai loan, sources said. The financing, which was equally underwritten by the trio, was launched into general syndication in November with responses due in mid-December, but may now be scrapped.