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China Everbright Extends Loan Facility to 2025

China Everbright Extends Loan Facility to 2025

China Everbright (HK:0165) has released an update.

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China Everbright Limited has announced an extension of its loan facility with Shanghai Angui, pushing the maturity date to December 31, 2025. This adjustment involves a significant financial transaction exceeding 5% of applicable percentage ratios but below 25%, making it a discloseable transaction under Hong Kong’s Listing Rules. The loan, amounting to RMB 260 million with an interest rate of 6.5% per annum, reflects the company’s strategic financial management.

For further insights into HK:0165 stock, check out TipRanks’ Stock Analysis page.

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