Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Yantai Raffles secures $150m China Development Bank loan

CHINESE shipbuilder Yantai Raffles has signed a $150m loan with China Development Bank for refinancing and working capital. Yantai Raffles is borrowing $150m from CDB through a three-year term-loan facility to replace existing more expensive short term loan facilities and to build on its Chinese banking relationships. “Securing this facility with CDB, Yantai Raffles has achieved an outcome that absolutely meets these two core objectives,” said Yantai Raffles chairman Mai Bo Liang.

Topics

UsernamePublicRestriction

Register

LL1129949

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel