Brief: Chuang's Consortium International says unit entered into financing agreement with borrower

Chuang's Consortium International

24/03/2016 12:15

March 24 (Reuters) - Chuang's Consortium International Ltd  0367.HK : 
 * Chuangs intl-discloseable transaction: financial assistance  0367.HK  
 * Says the purchase price under the agreements was hk$220 million 
 * Chuang's credit, an indirect wholly- owned subsidiary of the company, entered into financing agreement with borrower 
 * Says loan amount of hk$157 million 
 * Says the loan is for a term of twelve years commencing from the date of the drawdown of the loan 
 * Says deal in relation to the provision of financial assistance to the borrower for the acquisition of the property 
 * Source text for Eikon  ID:nHKS4JFHtK  
 
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