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Fosun Tourism Sanya-Atlantis Project Signs RMB7B Syndicated Loan Agreement
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Fosun Tourism Group's Sanya-Atlantis project officially signed a 15-year RMB7 billion business property syndicated loan cooperation agreement with CM BANK (03968.HK) (600036.SH), MINSHENG BANK (01988.HK) (600016.SH), PU DEV BANK(600000.SH) and Hainan Rural Commercial Bank now.

The syndicated loan will significantly prolong the debt maturity period and reduce finance costs, Zhang Houlin, Senior Vice President and Co-Chief Financial Officer of FOSUN INTL (00656.HK), said.

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