pstrongThe facility can be extended by two years./strong/p pSembcorp Energy (Shanghai) Holding Co., Ltd. (SESH), a wholly-owned subsidiary of Sembcorp Industries, has inked a dual currency-denominated revolving credit facility (RCF) with DBS Bank (Hong Kong) Limited.
Sembcorp Energy Holding Co., Ltd. , a wholly-owned subsidiary of Sembcorp Industries, has inked a dual currency-denominated revolving credit facility with DBS Bank Limited.
SESH will utilise funds from RCF for general corporate purposes including refinancing, capital expenditure, working capital, equity investments, and funding mergers and acquisitions in China. “The establishment of this offshore RMB facility enhances the Group’s capital base to fund its growth,” the company added.Since you're here...
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