· Ford Motor Finance (China) secured a loan of 2 billion yuan
According to reports, Thomson Reuters' base point quoted sources as saying that 10 banks signed a two-year domestic loan of 2 billion yuan ($326 million) from Ford Motor Finance (China) Co., Ltd. Alternative Filter,Return Oil Air Filter,Industrial Duplex Filter,Hydraulic Oil Filter Machine Xinxiang Zhike Machinery Equipment Co.Ltd , https://www.zhikefilter.com
Leading bank account holders, Oriental Bank of China, DBS Bank and Standard Chartered Bank each had a loan of 333 million yuan.
Hang Seng Bank (250 million yuan), Mizuho Bank (200 million yuan) and Sumitomo Mitsui Banking Bank (200 million yuan) are the lead.
The four banks joined as sponsors: South China Commercial Bank Shenzhen Branch (150 million yuan), Taiwan Cooperation Vault Bank Suzhou Branch (100 million yuan), Dah Sing Bank (50 million yuan) and Intesa Sanpaolo (50 million yuan).
The agreement was signed on September 29.
The highest comprehensive income is 110% of the benchmark interest rate of the People's Bank of China, the cost is 90 basis points, and the interest rate is 105% of the three-year interest rate of the People's Bank of China.
After the one-year grace period, the loan will be repaid in five equalities every five months: 1% (1-2th), 5% (3-4th) and 88% (5th).
Ford Motor Finance (China) is a wholly-owned subsidiary of Ford Motor Credit Co., Ltd. The company mainly provides loans to individuals and dealers who purchase passenger cars produced by Ford and affiliates.