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Cinda International Holdings (00111) received US$29.5 million revolving loan financing

Zhitongcaijing·09/24/2026 09:17:11
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According to Zhitong Finance App, Cinda International Holdings (00111) announced that on September 24, 2026, the Company, as the borrower, entered into an offshore comprehensive credit line contract with a Chinese licensed bank. According to this (among others), the bank agreed to provide the Company with revolving loan financing of US$29.5 million (or HKD equivalent) in accordance with the terms and conditions of the financing agreement, with a maturity date of one year from the date of first withdrawal. The financing agreement stipulates (among others) specific performance responsibilities for the controlling shareholders of the Company.