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BRIEF-Guangzhou R&F Properties Co says co entered into Second Commitment Letter
March 28, 2017 / 9:51 AM / 8 months ago

BRIEF-Guangzhou R&F Properties Co says co entered into Second Commitment Letter

March 28 (Reuters) - Guangzhou R&F Properties Co Ltd :

* On 28 March 2017, company entered into Second Commitment Letter

* Company agreed to provide a corporate guarantee in favour of bank for 25% of repayment obligations of borrower

* Loan will be used by borrower to finance construction cost of its property project in Tianjin

* Deal for principal amount of RMB3.0 billion

* Borrower is Tianjin Jinnan Xincheng Real Estate Development Co Source text for Eikon: Further company coverage:

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