1st Jul 2016 09:12
LONDON (Alliance News) - China Nonferrous Gold Ltd on Friday said it has secured a USD100.0 million loan from China Construction Bank Corp's Macau branch.
The loan is expected to be drawn down soon and will be used to refinance the company's existing loan with China Construction Bank.
The five-year loan will carry an annual interest rate of 2.1% plus three-month Libor.
China Nonferrous shares were untraded on Friday, having last traded at 31.25 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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