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TodayIR: Sheng Ye Capital Completes First Offshore Syndicated Loan in China's Factoring Market, Raising Over RMB 500 million


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DJ EQS-News: Sheng Ye Capital Completes First Offshore Syndicated Loan in China s Factoring Market, Raising Over RMB 500 million EQS-News / 16/03/2021 / 10:26 UTC+8 [Press Release]
Sheng Ye Capital Completes First Offshore Syndicated Loan in China s Factoring Market, Raising Over RMB 500 million
Hong Kong, 16 March 2021 - Sheng Ye Capital Limited ( SY Capital or the Group , HKEx: 6069), China s first commercial factoring company listed on the main board of the Hong Kong Stock Exchange, today announced that its subsidiary, SY Factoring Limited ( SY Factoring or the Company ), signed a two-year RMB 525 million offshore syndicated loan agreement with a consortium led by Mega International Commercial Bank ( Mega Bank ) and Bank SinoPac. This marks the first offshore syndicated loan in China s factoring market, reaffirming the consortium s confidence in the Group s risk management capabilities as well as its push towards technology leadership, and a platform- ....

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