FerroChina seeks $200 mln loan via C.Suisse-sources

SINGAPORE, July 8 (Reuters) - Credit Suisse (CSGN.VX) is arranging a $200 million loan for Singapore-listed steel-maker FerroChina (FERR.SI) to refinance debt and for other corporate needs, banking sources said Tuesday.

The three-year syndicated loan will offer 450 basis points above the London Interbank Offered Rate (LIBOR), one of the sources briefed on the deal told Reuters.

FerroChina, which makes galvanised steel in China, is widely seen as a takeover target after it appointed Merrill Lynch MER.N as an adviser to look at strategic options for the firm.

FerroChina was not immediately available for comment. (Reporting by Saeed Azhar and Charmian Kok; Editing by Jan Dahinten)