- Yum China entered into a bridge credit agreement for a senior unsecured term loan facility with commitments of CNH 8.4 billion, featuring HSBC Bank USA and Citibank NA as lenders.
- The single-draw facility, with proceeds earmarked to fund a June 16, 2026 acquisition from Yum! Brands or related fees, is available until November 16, 2026.
- The loan bears CNH HIBOR-based interest estimated at about 2% per year, with an initial maturity of 180 days that is extendable to 364 days.