[ET Net News Agency, 4 July 2018] Greentown China (03900) said it entered into a
facility agreement with certain major banks in Hong Kong (as lenders) pursuant to which a
dual-currency USD and HKD unsecured term loan facility of up to US$800 million equivalent
with a term of 36 months has been granted to Greentown China at the rate of interest
equivalent to the aggregate of a margin rate of 2.565% per annum plus the Hong Kong
interbank offered rate for Hong Kong Dollars (in respect of the HKD loan) on the relevant
date or the London interbank offered rate administered by ICE Benchmark Administration
Limited on the relevant date (in respect of the USD loan).
The purpose of the loan is mainly to refinance the existing offshore debt of Greentown
China. (HL)
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03900 GREENTOWN CHINA
Nominal 
6.000 +0.660 (+12.360%) Others
04/07/2018 10:36
Greentown China (03900) granted US$800m dual-currency loan
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