Comba Telecom Systems Holdings Limited (HKG:2342) announced that its indirect subsidiary, Comba Telecom Systems Limited, has, as the borrower, entered into a facility agreement with a group of financial institutions as lenders, whereby the lenders agreed to grant the borrower a USD 36-month loan facility of US$210 million.

The facility was granted for the purpose of financing the working capital, production line expansion, foreign business expansion and research and development of Comba Telecom Systems Holdings.