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3311 — China State Construction International Holdings News Story

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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;))

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