China Development Bank Financial Leasing (HKG:1606) purchased to lease back a hydropower station from Guangxi Chongzuo Huiyuan Hydropower for 1.03 billion yuan.
The company will lease the station, located, in Guangxi Zhuang Autonomous Region, China, back to the lessee for 300 months, a Monday bourse filing showed.
The total payment for the lease will comprise the lease principal of 1.03 billion yuan and interest of 530 million yuan.
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