March 20, 2017 / 9:58 AM / 4 months ago

BRIEF-Minmetals Land says unit entered into loan facility agreement

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March 20 (Reuters) - Minmetals Land Ltd:

* Massive Leader Limited (unit of co) as borrower, company as guarantor, and certain banks as lenders entered into a facility agreement

* Agreement for a 5.5-year secured term loan facility in principal amount of HK$5.5 billion

* Loan facility to refinance part of land premium paid by borrower in respect of acquisition of Yau Tong Inland lot No. 44 Source text for Eikon: Further company coverage:

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