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Article: China Yuchai International Re-finances Existing Credit Facility.
- Article from:
- China Weekly News
- Article date:
- September 15, 2009
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China Yuchai International Limited (NYSE:CYD) ("China Yuchai" or the "Company"), announced 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., ("DBS") of Singapore, to re-finance its 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.
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide array of light-duty, ...