Sinotrans International Holdings (00111.HK) is planning to obtain a revolving loan financing of USD 13.5 million.
Wisdom Finance APP News, Sinoda International Holdings (00111.HK) announced that on June 19, 2025, as a borrower, the company entered into an offshore comprehensive credit facility agreement with a licensed Chinese bank, under which the bank agreed to provide the company with a revolving loan financing of $13.5 million (or equivalent in Hong Kong dollars/Renminbi) based on the terms and conditions of the financing agreement, with a maturity date of one year from the first draw down date. The financing agreement specifies certain performance obligations of the company's controlling shareholder.
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