CHINA LESSO (02128) Executes $165 Million Financing Agreement for Term Loan and Revolving Credit Facility

Stock News03-31

CHINA LESSO (02128) has announced that on March 30, 2026 (after trading hours), the company, acting as guarantor, and its wholly-owned subsidiary CHINA LESSO Finance Company Limited, acting as borrower, entered into a financing agreement with five lenders and two authorized lead arrangers and bookrunners. The agreement pertains to a term loan and revolving credit facility equivalent to $165 million, which can subsequently be increased to a maximum equivalent of $200 million. The maturity date of the financing agreement is set for the 364th day following the first utilization date. However, the original maturity date can be extended under the terms of the agreement to the date 36 months after the first utilization date, and can be further extended to the date 48 months after the first utilization date, subject to the terms and conditions stipulated in the financing agreement.

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