China Disney project secures $2 billion loan: media

SHANGHAI (Reuters) – The operator of the planned Shanghai Disney theme park has secured a 12.9 billion yuan ($ 2 billion) syndicated loan for the construction of the park, Chinese media reported on Wednesday, a boost for Walt Disney Co as it embarks on a newly announced animation venture in China. Shanghai Securities News cited Shao Xiaoyun, a vice president of Shanghai Shendi Group, the Disney theme park operator, as saying the project will receive two syndicated loan amounts, the first of which is 12.9 billion yuan. …

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