trending Market Intelligence /marketintelligence/en/news-insights/trending/19a1EvVbIRjmqDVP5ALlYQ2 content esgSubNav
In This List

China Nonferrous Gold gets 1-year repayment extension for US$6.5M loan

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


China Nonferrous Gold gets 1-year repayment extension for US$6.5M loan

China Nonferrous Gold Ltd. signed a deal to gain a one-year repayment extension for a US$6.5 million loan facility from CNMC International Capitals Co. Ltd.

The facility is divided into three tranches of US$1 million, US$4 million and US$1.5 million, with extended repayment dates of Dec. 15, 2018; Dec. 23, 2018; and Jan. 19, 2019, respectively.

The loan's annual fixed interest rate was raised to 5%, from 4%, while a default annual interest rate of 6% remains unchanged, along with all other terms, the company said Dec. 14.