TCL Multimedia Technology Signs Term Loan Pact; Up To US$120 Million
July 21 2010 - 6:17AM
Dow Jones News
Chinese television maker TCL Multimedia Technology Holdings Ltd.
(1070.HK) said Wednesday it signed an agreement with BOC Hong Kong
(Holdings) Ltd. (2388.HK) and Standard Chartered PLC (STAN.LN) for
a term loan of up to US$120 million.
The Shenzhen-based company said in a statement the loan facility
has a term of four years.
-By Yvonne Lee, Dow Jones Newswires; 852-2802-7002;
yvonne.lee@dowjones.com
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