Wednesday, 19 September 2018

Huawei takes out $1.5 billion loan

By Nick Wood, Total Telecom
Friday 23 August 13

Chinese vendor to use proceeds for refinancing, general corporate purposes.

Huawei has secured $1.5 billion of financing as it seeks to sustain its European expansion plan. The funds consist of a five-year $750 million loan and a $750 million revolving credit facility. "This the largest amount of overseas loan and credit facilities Huawei has raised to date…

Huawei has secured $1.5 billion of financing as it seeks to sustain its European expansion plan. The funds consist of a five-year $750 million loan and a $750 million revolving credit facility. "This the largest amount of overseas loan and credit facilities Huawei has raised to date…

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