16 November 2009, China Agri-Industries Holdings Limited has entered into an agreement with seven reputable banks in relation to a US$250 million term loan facility (the “Facility”).

                                     
The Facility is self-arranged by China Agri on a club deal basis. Participating banks include Bank of China (Hong Kong) Limited, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Hong Kong Branch, Industrial Commercial Bank of China (Asia) Limited, Standard Chartered Bank (Hong Kong) Limited, Banco Santander, S.A., CITIC Ka Wah Bank Limited, and Mizuho Corporate Bank, Ltd., Hong Kong Branch. Standard Chartered Bank (Hong Kong) Limited acts as the Facility Agent while Bank of China(Hong Kong) Limited as the Agent of signing arrangement.
The proceeds will be used to finance China Agri’s capital expenditure investment, which is expected to enlarge the Company’s asset, increase its revenue and enhance its profitability.
The Facility, supported by the diversity and breadth of the syndicate group, reflects the confidence of the banking community in China Agri’s solid business foundation and development prospects.