Guangdong Land Accepts Loan Facilities of HK$750 Million

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Guangdong Land Accepts Loan Facilities of HK$750 Million

MT Newswires Live02-24

Guangdong Land Holdings (HKG:0124) has accepted loan facilities amounting to HK$750 million to repay existing indebtedness and for its general working capital, a Monday Hong Kong bourse filing said.

The company accepted an uncommitted revolving loan facility of HK$500 million from a certain bank for a term of 360 days and an uncommitted revolving term loan facility of HK$250 million from a bank for a similar term.

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