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China First Capital secures HK$50 million credit facility to fund proposed restructuring scheme
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China First Capital secures HK$50 million credit facility to fund proposed restructuring scheme
  • CFCG signed a funding agreement on Oct. 13, 2026 for a HK$ 50 million credit facility to support a proposed scheme.
  • DeepPulse will provide up to HK$ 10 million before court sanction, with a further HK$ 40 million available once sanctioned.
  • Borrowings carry 0.5% annual interest, with repayment due eight years from the restructuring effective date.
  • Settlement can be in cash or via share issuance priced at 90% of market benchmarks, subject to approvals and listing clearance.
  • Repayment ranks behind Convertible Bonds claims and all amounts payable under the proposed scheme, limiting enforcement until those are discharged.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CFCG - China First Capital Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261013-12371450), on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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