EGL HOLDINGS' subsidiary has been granted HKD 36 million in general bank financing
EGL HOLDINGS announced that its wholly-owned subsidiary EGL HOLDINGS Travel Agency Limited has obtained HKD 36 million in general bank financing. The financing includes revolving loans and corporate credit cards, with borrowers subject to regular reviews by the bank, and corporate credit cards being subject to the terms of the issuing center
According to the Zhitong Finance APP, EGL HOLDINGS (06882) announced that its wholly-owned subsidiary EGL HOLDINGS Travel Agency Limited (as the borrower) and the company (as the guarantor or guarantor provider) have accepted the bank's revised offer regarding financing. According to the revised financing letter, a general bank financing amounting to HKD 36 million (including but not limited to revolving loan financing and corporate credit cards) has been granted to the borrower. The revolving loan financing for 2025 has no fixed term and is subject to regular review by the bank, while the corporate credit card for 2025 is subject to the terms and conditions issued by the bank's card issuing center to the borrower
