Specialty Chemical Company China XD Plastics Signs US$135 Million Financing Agreement with a Banks Consortium led by Industrial and Commercial Bank of China
China XD Plastics Company Limited (CXDC)
US:NASDAQ Investor Relations:
chinaxd.net
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Source: PR Newswire
HARBIN, China, Oct. 3, 2019 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one of China's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, today announced that Xinda Holding (HK) Company Limited ("Xinda Holding"), a subsidiary of the Company, has entered into a US$135,000,000 Facility Agreement (the "Facility Agreement"), dated October 2, 2019, with a Banks Consortium (the "Consortium") led by the Industrial and Industrial and Commercial Bank of China (Macau) Limited ("ICBC") as mandated lead arranger and the lending syndicate includes Industrial and Commercial Bank of China (Macau) Limited, Standard Chartered Bank (Hong Kong) Limited, China CITIC Bank International Limited, Ping An Bank Company Ltd. China (Shanghai) Pilot Free Trade Zone Branch, Bank of Shanghai (Hong Kong) Limited, Nanyang Commercial Bank, Limited,
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