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滨海投资(02886)获提供不超过1.1亿美元及2.84亿元的多种货币定期贷款融资

Binhai Investment (02886) was provided with multi-currency term loan financing of no more than US$110 million and $284 million

Zhitong Finance ·  Mar 20 09:31

Binhai Investment (02886) issued an announcement. On March 20, 2024, the company (as a borrower) and several banks...

According to Zhitong Finance App, Binhai Investment (02886) issued an announcement. On March 20, 2024, the company (as a borrower) and a syndicate composed of several banks (as lenders) entered into a term loan financing agreement (financing agreement). The company's wholly-owned subsidiaries Binhai Investment (Tianjin) Co., Ltd., Tianjin Teda Binhai Clean Energy Group Co., Ltd. and Taicheng Clean Energy Co., Ltd. entered into a guarantee agreement with the guarantee agency under the financing agreement on the same day to guarantee the company's responsibilities under the financing agreement and related financing documents.

Under the financing agreement, the company was provided with multi-currency term loan financing of no more than US$110 million (financing A) and RMB 284 million (financing B). Financing A and Financing B are each calculated for a period of 24 months from the date the company withdraws their respective financing. Loans withdrawn under Financing A and Financing B are required to repay 2% of the total corresponding loan amount on the day 12 months after the withdrawal date; 2% of the total amount of the corresponding loan amount on the day 18 months after the withdrawal date; and repay the remaining loan amount on the day 24 months after the withdrawal date (with the consent of the lender, the repayment date for the remaining loan amount under Financing A can be extended by 12 months by the company).

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