January 11, 2018 / 12:29 PM / 6 months ago

BRIEF-Sinopec Oilfield Service Corp's Unit Enters Finance Leasing Agreement With Taiping & Sinopec Financial Leasing

Jan 11 (Reuters) - Sinopec Oilfield Service Corp :

* UNIT ENTERS FINANCE LEASING AGREEMENT WITH TSFL, TO SELL LEASING ASSETS AT A CONSIDERATION OF RMB1 BILLION

* TSFL TO LEASE BACK LEASING ASSETS WITH LEASING PRINCIPAL OF RMB1 BILLION TO UNIT & LEASING INTEREST IS ABOUT RMB174.2 MILLION

* FIXED INTEREST RATE OF 4 PCT PER ANNUM UNDER FINANCE LEASING AGREEMENT​ Source text for Eikon: Further company coverage:

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