Beijing Gas Blue Sky Secures Continued Financial Flexibility with Loan Regrant

Beijing Gas Blue Sky Holdings Ltd ( (HK:6828) ) just unveiled an update.

Beijing Gas Blue Sky Holdings Limited announced that it has submitted a request to regrant an existing revolving loan facility worth up to HK$400,000,000 for a new term ending on September 12, 2025. The acceptance of this request secures continued financial flexibility for the company, but includes covenants related to changes in control that could impact funding obligations if breached. Beijing Gas Group remains a key controlling shareholder, holding approximately 66.37% of the company’s shares.

More about Beijing Gas Blue Sky Holdings Ltd

Beijing Gas Blue Sky Holdings Limited is a company incorporated in Bermuda with a focus on the energy sector, specifically dealing with gas-related products and services. It is primarily involved in operating within the gas supply industry, and its major shareholder is the Beijing Gas Group, which holds a significant portion of the company’s shares.

YTD Price Performance: -12.50%

Average Trading Volume: 5,925,782

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$795.8M

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