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Joyou AG Fischertwiete 2 20095 Hamburg, Germany http://www.joyou.de
Contact Mr Jens Hecht +49 40 6091860
Company logo of Joyou AG
Joyou AG

Joyou AG improves financing structure through new loan

(PresseBox) (Hamburg, )
Joyou AG has secured a 100 million US dollar (approx. 77 million Euros) syndicated loan for its wholly-owned subsidiary Hong Kong Zhongyu Sanitary Technology Limited. The coordinating arranger of the loan is Nomura International (Hong Kong) Limited.

The loan has a repayment schedule with a first repayment of 5 per cent after 18 months, further repayments of 15 per cent each every three months thereafter and a final repayment of 20 per cent after 36 months. The loan has an annual interest rate of LIBOR (for the relevant interest period) plus 4.25 per cent.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.