Feb. 20 at 3:53 PM
$NTPIF , On February 19, 2025, Nam Tai Property Inc. announced the closure of a mortgage loan with Shenzhen Rural Commercial Bank totaling RMB 110.0 million, set to mature in eight years with a blended rate of approximately 4.4%. This loan, secured by the company’s Inno Valley property, marks a significant milestone for Nam Tai as it regains access to commercial banking financing in China, reflecting an improved credit rating and strengthened financial positioning. The leadership team focuses on optimizing the capital stack and building strong relationships with lenders, aiming for strategic growth and effective stakeholder