H&H Secures $560 Million Refinancing Deal

Health and Happiness (H&H) International Holdings (HK:1112) has released an update.

Health and Happiness International Holdings has secured a commitment for a refinancing facility worth $560 million, aimed at refinancing existing syndicated loan facilities and providing for general corporate needs. The refinancing includes a $540 million term loan and a $20 million revolving credit facility, with the transaction subject to regulatory approval and customary terms. Shareholders are advised to exercise caution when dealing in the company’s shares.

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