BRIEF-Kingsoft Cloud Announces Finance Lease Framework Agreement

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BRIEF-Kingsoft Cloud Announces Finance Lease Framework Agreement

Reuters08-20

Aug 20 (Reuters) - Kingsoft Cloud Holdings Ltd

* KINGSOFT CLOUD NETWORK AND CMB FINANCIAL LEASING ENTERED FINANCE LEASE FRAMEWORK AGREEMENT

* LESSOR TO PROVIDE FINANCE LEASE SERVICE TO LESSEE BY WAY OF SALE AND LEASEBACK

* SALE AND LEASEBACK WITH AGGREGATE AMOUNT OF FINANCE LEASE PRINCIPAL NOT EXCEEDING RMB300 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;;))

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