Fosun readies euro loan for Club Med buyout

The Chinese conglomerate is expected to close syndication on dual tranche euro facility to fund its Club Med buyout early March.

Denise Wee

February 16, 2015

Fosun International, the Chinese conglomerate founded by billionaire Guo Guangchang, is tapping lenders for a euro-denominated loan to fund its acquisition of France’s Club Mediterranee (Club Med), which operates luxury resorts in the Maldives and Phuket.

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