SG Xinde Investment (HK) Limited, a Subsidiary of Seacon Shipping Group Ltd., Secures USD42 Million Loan Facility
Reuters
Sep 23
SG Xinde Investment (HK) Limited, a Subsidiary of Seacon Shipping Group Ltd., Secures USD42 Million Loan Facility
SG Xinde Investment (HK) Limited, an indirect wholly owned subsidiary of Seacon Shipping Group Holdings Limited, has entered into a facility agreement with a bank, securing a term loan facility of up to USD42,000,000. The agreement includes a provision that if Mr. Guo Jinkui ceases to be the controlling shareholder, it would trigger a mandatory prepayment event.
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