COFCO raising $3.2 billion loan to back Noble Group buy
date:May 22, 2014

Rising funding costs are curbing banks' appetite for finely-priced Asian loans. Taiwanese banks, which were previously among Asia's most active lenders, are looking for higher interest margins as a result.

Attempts by the Hong Kong Monetary Authority to clamp down on lending to privately-owned Chinese companies are also starting to hit volume.

Lenders are wondering whether China's state-owned companies will be able to continue to command tight pricing in this environment.

Pricing is too thin
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