Brief: China State Construction International Says Unit To Sell PRC Loan Assets To Sunrise JV Co
March 12 (Reuters) - China State Construction International
Holdings Ltd 3311.HK :
* UNIT CHINA STATE CONSTRUCTION FINANCE (CAYMAN) II LTD TO
SELL HK
LOAN ASSETS TO JV CO AT US$127.5 MLN
* UNIT, GRAND WEALTH TO SELL PRC LOAN ASSETS TO SUNRISE JV
CO FOR
US$356.6 MILLION
* CO AGREED TO PROVIDE A STANDBY LETTER OF CREDIT FACILITY
TO JV
CO UP TO A MAXIMUM LIMIT OF US$800 MILLION
Source text for Eikon: ID:nHKS7SZQfd
Further company coverage: 3311.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on China State Construction International Holdings
See all newsBrief: China State Construction International Posts 9M Unaudited Revenue RMB59.11 BLN
China State Construction H1 revenue falls 22%
Brief: China State Construction International Says Putian Haiyue Enters Joint Bidding Agreement
Brief: China State Construction International Posts Q1 Group Revenue RMB20.79 Bln
Brief: China State Construction International Posts 9M Operating Profit Of RMB11.92 BLN