GO
| HSI1 | 24,072.28 | -211.87 | 242.23B |
| HSCEI1 | 8,678.30 | -84.17 | 92.11B |
| Back Zoom + Zoom - Block Traded | |
|
NEW WORLD DEV Reaches New Bank Facility Agreement Covering $88.2B in Existing Unsecured Offshore Financial Debt
2025-06-30 17:25:32 On 30 June, NEW WORLD DEV (00017.HK) successfully refinanced certain of its existing offshore unsecured financial indebtedness, including bank loans, through a new refinancing term loan facility entered into by the Company, the relevant Group entities and the relevant bank creditors; and aligned its other existing offshore unsecured bank loans with the terms of the new bank facility, according to NEW WORLD DEV's announcement. The new bank facility and aligned bank facilities together cover approximately $88.2 billion of the Group's existing unsecured offshore financial indebtedness. The new bank facility and the aligned bank facilities have terms which allow the Group more flexibility to better manage its expected ongoing business and financial needs, the Group added. The new bank facility consists of multiple tranches of bank loans with different maturities, with the earliest maturity date being 30 June 2028. ~ AASTOCKS Financial News Website: www.aastocks.com | |