$2 billion loan secured for Chinese Disney theme park

Posted Wednesday, April 11, 2012 9:31 AM | Contributed by Jeff

The developers of Shanghai Disneyland yesterday secured a 12.9 billion yuan (US$2 billion) syndicated loan with a number of Chinese banks for the project's first phase of construction. The deal came just one year after construction began on the theme park, which is slated to be open in the Pudong New Area in 2015.

Read more from The People's Daily.

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