China Industrial Securities International Secures HK$300 Million Revolving Loan Facility

Reuters
20 Jun
China Industrial Securities International Secures HK$300 Million Revolving Loan Facility

China Industrial Securities International Financial Group Limited has announced the signing of a facility letter with a bank, securing an uncommitted revolving loan facility amounting to HK$300,000,000. This financial arrangement allows the company access to funds in Hong Kong dollars, US dollars, or Chinese yuan, enhancing its liquidity options. As a critical condition of this agreement, Industrial Securities Co., Ltd. must remain the single largest shareholder, maintaining at least a 51% stake in the company's issued share capital. This development emphasizes the company's strategic financial management to support its operations and growth initiatives.

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