Announcement

Thursday, June 18, 2009

Yalian Steel secures CAD 27.5 million credit facility

Yalian Steel Corporation announced that it has arranged a CNY 170 million credit facility with the Agricultural Bank of China. The Credit Facility has a three year term and carries an interest rate of 5.4%. Funds drawn down from the Credit Facility will be secured by land use rights and/or

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http://www.steelguru.com/news/index/2009/06/18/OTg4NDM%3D/Yalian_Steel_secures_CAD_27.5_million_credit_facility.html

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