Guangdong Land Holdings (HKG:0124) has accepted loan facilities amounting to HK$750 million to repay existing indebtedness and for its general working capital, a Monday Hong Kong bourse filing said.
The company accepted an uncommitted revolving loan facility of HK$500 million from a certain bank for a term of 360 days and an uncommitted revolving term loan facility of HK$250 million from a bank for a similar term.