NEWS

China XD Plastics' unit enters into loan facility

Tuesday, Aug 30, 2016

China XD Plastics announces that subsidiary Xinda Holding (HK) Company Limited enters into loan facility.

Loan facility of $180 million with a consortium of banks and financial institutions led by Standard Chartered Bank (Hong Kong) Limited.

Proceeds of facility primarily to previously approved redemption of a certain US$150 million 11.75% guaranteed senior notes due 2019.

 

Source : reuters.com

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