-+ 0.00%
-+ 0.00%
-+ 0.00%

Minsheng Education (01569) was granted a revolving loan of up to 300 million yuan

Zhitongcaijing·12/19/2025 11:57:05
Listen to the news

Zhitong Finance App News, Minsheng Education (01569) issued an announcement. On December 19, 2025, the company (for the borrower) and Hang Seng Bank Limited (for the lender) signed a letter of credit. According to the letter of approval, Hang Seng Bank agreed to provide the company with a revolving loan of up to RMB 300 million or the equivalent of HKD and US dollars. The final repayment date for loans borrowed by the company under a letter of approval shall not be later than 3 years from the date of each withdrawal.