Brief: Jinhui Shipping: Co's Subsidiary Enters Into Facility Agreements

Jinhui Shipping and Transportation

14/10/2019 11:40

Oct 14 (Reuters) - Jinhui Shipping and Transportation Ltd
 JINS.OL :
    * WHOLLY-OWNED SUBSIDIARY OF COMPANY ENTERED INTO TWO
FACILITY
AGREEMENTS WITH BORROWER C AND BORROWER D.
    * SUBSIDIARY ENTERED INTO FACILITY AGREEMENT C TO PROVIDE
LOAN C
IN PRINCIPAL AMOUNT OF US$7 MILLION TO BORROWER C
    * LOAN IS REPAYABLE QUARTERLY IN FIVE YEARS
    * SUBSIDIARY ENTERED INTO FACILITY AGREEMENT D PURSUANT TO
WHICH
WHOLLY-OWNED SUBSIDIARY AGREED TO PROVIDE LOAN D IN PRINCIPAL
AMOUNT OF US$7 MILLION TO BORROWER D

Source text for Eikon:  ID:nObic8QNJa 
Further company coverage:  JINS.OL 

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