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Article: China Yuchai Closes s$50 Million Loan.

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Investrend
Article date:
September 3, 2009
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Sep 03, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/09/03/china-yuchai-closes-s50-million-loan/)

September 3, 2009 (FinancialWire) -- China Yuchai International Ltd. (NYSE: CYD) said it has entered into a new short-term loan agreement for up to S$50 million for a 12 months duration, with DBS Bank Ltd., of Singapore.

The purpose of the loan is to re-finance China Yuchai's existing bridging credit facility with DBS, which is due to expire shortly. The new facility will be used to finance the company's long-term general working capital requirements.

Singapore-based China Yuchai International ...

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