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BRIEF-BOE Technology Group units sign loan contracts
September 1, 2017 / 5:41 AM / in 3 months

BRIEF-BOE Technology Group units sign loan contracts

Sept 1 (Reuters) - BOE Technology Group Co Ltd

* Says Chengdu-based unit signed syndicated loan contract worth 11.5 billion yuan, with a term of 10 years and signed foreign exchange loan contract worth $1.68 billion with a term of 10 years

* Proceeds is used for AMOLED production project

* Says Hefei-based unit signed syndicated loan contract worth 5 billion yuan, with a term of 8 years and signed foreign exchange loan contract worth $1.72 billion with a term of 8 years

* Proceeds is used for TFT-LCD production project

Source text in Chinese:goo.gl/8rB6xX

Further company coverage: (Beijing Headline News)

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