Brief: AsiaPhos Updates On Ongoing Negotiations With Bohai Bank
06/12/2019 09:26
Dec 6 (Reuters) - AsiaPhos Ltd ASIP.SI :
* BOHAI BANK EXTENDED NEW BANKING FACILITY FOR RMB 21.06
MILLION
TO SICHUAN MIANZHU NORWEST PHOSPHATE CHEMICAL FOR ONE YEAR
* NEW BANKING FACILITY HAS INTEREST RATE OF 7% PER ANNUM &
WILL BE
USED TO REPAY EXISTING BANK FACILITY OF RMB21.56 MILLION FROM
BOHAI BANK
Source text for Eikon: ID:nSNZvdZB3
Further company coverage: ASIP.SI
((Reuters.Briefs@thomsonreuters.com;))
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