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Hyflux subsidiary restructures 617m yuan loan for China plant

Ng Ren Jye

Published Thu, Jun 27, 2019 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

HYFLUX said its wholly-owned unit Tianjin Dagang Newspring Co Ltd (TDN) has successfully restructured a 617 million yuan (S$121.3 million) Bank of China loan.

The loan's maturity date has been extended by three years to 2026, with the repayment schedule adjusted for lower annual repayments.

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