Huarong International Financial Holdings Limited Enters into Facility Agreement with a Bank
September 25, 2017 at 08:47 am EDT
The board of directors of Huarong International Financial Holdings Limited announced that on 25 September 2017, the company, as the borrower, entered into a facility agreement with a bank as the lender in relation to a term loan facility in an aggregate principal amount of up to HKD 775,000,000. The purpose of the Facility is for equity investments and the financing of general working capital requirements of the Company. The Facility is repayable in one lump sum on the final maturity date falling twelve months after the utilization date of the Facility.