SINOTRUK Successfully Raises 1.8 Billions RMB Low-Cost Financing in Hong Kong

Hora：2013-06-08 22:52:58 Golpes：583

Corporate news  Date:2012-03-27

      On March 21, 2012, SINOTRUK (Hong Kong) Limited successfully raised 1.8 billion RMB low-cost financing in Hong Kong, which was successfully transferred to its domestic account. With a two-year period, the comprehensive cost for this financing business is 4.85% annual interest, which is much lower than the loan interest of same grade of domestic banks and optimizes its debt structure. It’s expected for SINOTRUK to save about 73 million RMB of financial expenses in two years. This financing business is the biggest financing raised by means of FDI after SINOTRUK’s issuance of 2.7 billion RMB bonds in Hong Kong.

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