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Is NagaCorp (HKG:3918) A Risky Investment?
Are NagaCorp Ltd.'s (HKG:3918) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Jinjie Holdings withdrew the US$70 million 2024 notes in accordance with the loan agreement and will be fully settled upon maturity
Jinjie Holdings (03918) announced that the company has withdrawn 70 million US dollars in accordance with the loan agreement on May 31, 2024. The company is confident that with this loan withdrawal, the 2024 notes will be fully repaid when due.
Jinjie Holdings (03918.HK): A loan of 70 million US dollars has been withdrawn in accordance with the loan agreement
Glonghui, June 2, 丨 Jinjie Holdings (03918.HK) announced that on October 17, 2023, the company (as the borrower) entered into a loan agreement with the lender (as the lender). According to this, the lender agreed to provide the company with a loan of up to 80 million US dollars. The sole purpose of the loan is to refinance and/or partially repay the outstanding 2024 notes upon maturity. The company withdrew $70 million in accordance with the loan agreement on May 31, 2024. The company is confident that with this loan withdrawal, the 2024 notes will be fully repaid when due.
NagaCorp Draws Down $70M for Debt Refinancing
Family Feud Erupts at NagaCorp
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