Canvest Environmental Protection Group to Borrow Two Term Loan Facilities

MT Newswires Live

01/29

Canvest Environmental Protection Group (HKG:1381) agreed to borrow HK$2.22 billion and 820.0 million yuan under two term loan facilities from certain financial institutions on Friday, a same-day bourse filing said.

The two loans have a term of 36 months each, starting from their respective first draw-down date.

The company had also acquired the consent of its privatization offeror, Grandblue Investment Hong Kong, for the loan agreements.

Price (HKD): $4.75, Change: $+0.050, Percent Change: +1.06%

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