Yuexiu Property (HKG:0123) agreed to receive a HK$312 million revolving loan facility from an unnamed bank, a Monday filing with the Hong Kong bourse said.
The loan facility is valid for a term of 36 months from the first drawdown date.
Shares of the property company closed over 1% lower on Monday.
Price (HKD): $4.10, Change: $-0.060, Percent Change: -1.44%