KUALA LUMPUR: Century Logistics Bhd has fully repaid a term loan facility amounting to RM20 million, which was due on Jan 21, 2012.
The company said on Friday, Jan 21, the early repayment of the term loan facility was fully funded by its own funds and would result in substantial interest savings to the group.
The facility was granted under a primary collateralised loan obligation programme. It was signed by Century with RHB Investment Bank Bhd and Prima Uno Bhd on Jan 8, 2007. The original tenor of the facility was for five years and due on Jan 21, 2012
The company said on Friday, Jan 21, the early repayment of the term loan facility was fully funded by its own funds and would result in substantial interest savings to the group.
The facility was granted under a primary collateralised loan obligation programme. It was signed by Century with RHB Investment Bank Bhd and Prima Uno Bhd on Jan 8, 2007. The original tenor of the facility was for five years and due on Jan 21, 2012
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