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SPH inks $150m loan facilities with 2 S'pore banks
Wed, Nov 19, 2008
The Straits Times

By Lee Su Shyan

SINGAPORE Press Holdings (SPH) is taking out $150 million worth of loan facilities with local banks DBS and OCBC.

The media giant said yesterday it had inked separate agreements with the two banks. The tenure is for three years and the funds will be used for working capital and general corporate funding.

 


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