Huarong International Financial Holdings Limited Entered into the Facility Agreement with the Bank
June 21, 2017 at 07:13 am EDT
The board of Directors of Huarong International Financial Holdings Limited announced that on 21 June 2017, the company as the borrower, entered into a facility agreement with a bank (including certain of its branches) as the lenders in relation to a term loan facility in an aggregate principal amount of up to HKD 1,050,000,000. The purpose of the facility is for the general working capital requirements of the company and its subsidiaries. The Facility is repayable in one lump sum on the final maturity date falling one year after the date of the Facility Agreement.