20 Hrs
Source:
المشهد العربي
Source: المشهد العربي
20 Hrsالمشهد العربي
Source: المشهد العربي
20 HrsReady to play
Ready to play
Lenovo is seeking a new five-year bank loan worth $2 billion to refinance a loan of the same amount taken out in 2022 and benefit from lower borrowing costs. The company has set the interest margin at 75 basis points above the Secured Overnight Financing Rate (SOFR), compared with 110 basis points on the previous loan. A consortium of five banks is arranging the financing, which is intended to reduce debt costs and strengthen liquidity.
Notice: This Is an AI-Generated Summary
Comments (0)