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Ching Wah is seeking a $ 1.2 billion five-year loan | 9 banks are involved

November 9, according to foreign media reports, sources said, Huawei Technologies Investment Co., Ltd. is seeking 1.2 billion five-year loan.

Huawei Technologies Investment Co., Ltd. will select nine banks involved in its 1.2 billion loan case, the funds raised will be used for general operating purposes.

The nine banks are ANZ, BNP Paribas, BBVA, Citigroup, Commerzbank, DBS, ING, UniCredit and Standard Chartered Bank.

The loan will enter the syndicated loan stage next week.

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