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上海实业控股(00363.HK)与上实长三角生态发展及银行签订融资协议

Shanghai Industrial Holdings (00363.HK) signed a financing agreement with Shangshi Yangtze River Delta Ecological Development and Bank

Gelonghui Finance ·  Mar 5 04:04

Gelonghui, March 5, 丨 Shanghai Industrial Holdings (00363.HK) announced that on March 5, 2024, the company (as a guarantor) signed a financing agreement (“Financing Agreement A”) with Shangshi Yangtze River Delta Ecological Development Co., Ltd. (a joint venture where the company owns 50% of its issued share capital) and a bank for term loan financing with a principal amount of up to HK$900 million (or RMB equivalent). The initial period starts on the first day of withdrawal of the financing for a period of 364 days (after meeting certain conditions, it can be extended for 2 years after the first maturity date); and the company ( As a guarantor), a joint venture (as a borrower) and another bank (as a lender) sign a financing agreement (“Financing Agreement B”, together with Financing Agreement A, collectively the “Financing Agreement”) for term loan financing with a principal amount of up to HK$900 million (or RMB equivalent). The initial period is 12 months from the date the financing agreement B is signed (which can be extended for 2 years after the first maturity date).

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