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Nam Tai Property Inc. Closes RMB 700 Million Inno Park Refinancing at 3.5% Fixed Rate
Source: Nasdaq
Credit & Bond MarketsCompany Fundamentals
Nam Tai Property said its wholly owned subsidiary, Zastron Electronic (Shenzhen), closed and fully drew down a RMB 700 million, 15-year fixed asset loan facility from Ping An Bank’s Shenzhen Branch. The announcement confirms completion and funding of the previously announced facility; the article excerpt provides no further details on its use or financial impact.
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