Sinotruk Gets Overseas Direct Loan Financing for 160 Million USD
August 11,2014
www.chinatrucks.com: With the help of their great reputation among overseas capital markets, Sinotruk gets 160 million USD low cost Overseas Direct Loan Financing by many communication with Bank of China. And this is the largest Overseas Direct Loan Financing in Jinan this year.
The financing deadline is for one year and the comprehensive costs is just 4.2%, 30% lower than like financing in China. And this can reduce Sinotruk's financial costs effectively.
Source : www.chinatrucks.com
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