China Business News: Hunan TV obtains RMB 19.7-bln credit line from CDB

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Hunan TV obtains RMB 19.7-bln credit line from CDB

Sep. 14, 2009 (China Knowledge) - Hunan TV & Broadcast Intermediary Co Ltd<000917>, a media firm based in Hunan Province, on Sep. 8 signed a cooperative agreement with China Development Bank to acquire an RMB 19.7-billion credit line for the period from 2009 to 2018. The funds will be used to accelerate the cross-regional integration of cable television network and further improve its

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