Brief: Tongda Group as borrower enters agreement
Sept 25 (Reuters) - Tongda Group Holdings Ltd 0698.HK :
* Co as borrower, guarantors, HSBC as coordinator and agent,
and other lenders entered into agreement
* Term loan facility agreement for up to a principal amount
of HK$400 million, for a term of three years
* Under agreement, Wang Ya Nan will cease to be chairman of
company
Source text for Eikon: ID:nHKS818KcN
Further company coverage: 0698.HK
((Bangalore.newsroom@thomsonreuters.com;))
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