--- title: "TSE SUI LUEN signs an extended credit agreement" type: "News" locale: "en" url: "https://longbridge.com/en/news/266106836.md" description: "TSE SUI LUEN and HANG SENG BANK have entered into a revised and restated credit agreement to extend the total outstanding credit principal of HKD 496 million. The new agreement includes several optimized terms, such as a 3-year credit extension, a reduced interest floating percentage for the first two years, and the relaxation of certain financial covenants, to support the group's business and operational transformation" datetime: "2025-11-17T02:03:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/266106836.md) - [en](https://longbridge.com/en/news/266106836.md) - [zh-HK](https://longbridge.com/zh-HK/news/266106836.md) --- # TSE SUI LUEN signs an extended credit agreement TSE SUI LUEN (00417.HK) announced that the company and one of its subsidiaries (as guarantor) have entered into a revised and restated deed with the borrower to amend and restate the credit agreement, which includes Hang Seng Bank Limited as the agent and pledge agent, successfully extending the total outstanding credit principal amount of HKD 496 million. TSE SUI LUEN stated that the revised and restated credit agreement includes several optimized terms, including (but not limited to) a conditional three-year extension of the credit maturity date to provide a buffer period for business transformation; a reduction in the floating interest percentage for the first two years to lower the group's financing costs; and the relaxation of certain financial covenants to align with the group's strategic business and operational transformation ### Related Stocks - [00417.HK](https://longbridge.com/en/quote/00417.HK.md) ## Related News & Research - [BoJ Koeda says the BoJ must keep assessing how firmly underlying inflation expectations remain anchored](https://longbridge.com/en/news/287144158.md) - [BoJ Koeda says if the economy avoids a major downturn, more focus should be placed on risks from prolonged low real interest rates](https://longbridge.com/en/news/287144178.md) - [BoJ Koeda says the BoJ needs to keep raising its policy interest rate in response to changes in economic activity, prices, and financial conditions](https://longbridge.com/en/news/287144164.md) - [ZAWYA: Standard Chartered successfully supports Pakistan's inaugural panda bond issuance](https://longbridge.com/en/news/286873983.md) - [12:30 ETInventHelp Inventor Develops New Toilet Bowl Cleaning Tool (TLS-1069)](https://longbridge.com/en/news/286945238.md)