JP Morgan has won its first syndicated loan mandate for a private equity firm in China, after being hired by Kohlberg Kravis Roberts to provide a debt financing for its acquistion of a larger stake in a cement manufacturer.

JP Morgan will arrange loans worth 3 billion yuan (€286m) to enable KKR to raise its stake in Tianrui Cement, a private cement maker in Henan Province.

Nicolette Davey

JP Morgan

Industrial & Commercial Bank of China

Kohlberg Kravis Roberts

BNP Paribas

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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JP Morgan wins China debt mandate

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