FilingReader Intelligence
China Railway secures loan for A-share repurchase
April 16, 2025 at 05:25 PM UTC•By FilingReader AI
China Railway Group (SSE:601390) announced that it has received a loan commitment letter from the Beijing branch of the Industrial and Commercial Bank of China. The commitment provides for a loan not exceeding CNY1.6 billion, representing up to 90% of the actual repurchase plan, specifically earmarked for the company's repurchase of A-shares via centralized bidding. The loan term will not exceed three years.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:601390•Shanghai Stock Exchange
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