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Nam Tai Property (NTP) Enters $750M Revolving Facility with China Construction Bank

Go back to Nam Tai Property (NTP) Enters $750M Revolving Facility with China Construction Bank

Nam Tai Property Inc. Announces Strategic Cooperation Agreement with China Construction Bank Corporation, Shenzhen Branch

September 17, 2016 5:16 AM EDT

SHENZHEN, China, Aug. 29, 2016 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today is pleased to announce that on August 18, 2016, the Company signed a non-binding strategic cooperation agreement with China Construction Bank Corporation, Shenzhen Branch (the "Strategic Cooperation Agreement") (please see below a photograph taken during the signing ceremony). China Construction Bank Corporation is a PRC state-owned commercial bank and is the second top bank in the world by assets as of April 2016, according to Bankers Almanac, a reference source for financial counterparty assessment. ... More