Brief: Advanced Soltech Takes Loan In China With 3.9% Interest Rate

Gigasun AB (publ)

29/08/2023 11:25

Aug 29 (Reuters) - Advanced SolTech Sweden AB (publ)
 ASAB.ST :
    * ADVANCED SOLTECH TAKES OUT NEW BANK LOAN IN CHINA WITH
3.9%
INTEREST RATE
    * HAS BEEN GRANTED A 1-YEAR, REVOLVING, UNSECURED LOAN, WITH
CHINA
MERCHANT BANK
    * LOAN OF CNY 20 MILLION (SEK 30 MILLION) WITH FIXED
INTEREST RATE
OF 3.9%
    * LOAN WILL BE USED TO COMPLETE SOLAR POWER PLANTS IN CHINA

Source text for Eikon:  ID:nMFN4qP9Lc 
Further company coverage:  ASAB.ST 

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