Facility Offer Letter Attention: Multi-Fineline Electronix (Suzhou) Co., Ltd
Exhibit 10.61
Attention: Multi-Fineline Electronix (Suzhou) Co., Ltd
With reference to our recent discussion, we are pleased to confirm our agreement to granting you the facility detailed below. More information refer to the facility agreement (No 2010-1230100329002)
Amount: Up to 150 million RMB or equivalent USD
Purpose: Revolving loan
Tenor: Three year
Security: Clean
Price: The RMB interest rate is 90% of Basic rate issued by PBOC in loan start date. (The interest rate is adjusted once a year as PBOC does)
The Basic RMB Interest Rate of PBOC
Term 6 months 12 months 1-3 years 3-5 years Above 5 years
Basic Rate 4.86% 5.31% 5.40% 5.76% 5.94%
PBOC (29th Mar 2010)
The USD interest rate is calculated as Libor+XXBPS; BPS is determined by mutual consultation according to USD lending cost in domestic interbank borrowing market. (Libor is adjusted once a quarter)
China Construction Bank SIP Sub-branch
President Sign:
29th Mar 2010
Address: Xx 000 Xxxxxxx Xxxx Xxxxxx Xxxxxxxx Xxxx Xxxxxx XXX Post Code: 215028
Number: (00)0000-00000000 Fax: (00)0000-00000000 Email: xxxxxxxxx@xxxxxx.xxx