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NAM TAI PROPERTY INC. (NTPIF) Form 6-K — Oct 23, 2026

$NTPIFForm 6-KFiled Oct 23, 2026, 6:20 AM ET0001193125-26-429415Original filing

Nam Tai Property announced that its wholly owned subsidiary Zastron Electronic (Shenzhen) closed and fully drew down a RMB 700 million, 15-year fixed asset loan from Ping An Bank's Shenzhen Branch on October 16, 2026, to refinance the Inno Park project. The facility carries a fixed 3.5% annual rate, an 80-basis-point reduction from the 4.3% rate on the original China CITIC Bank loan, which has been repaid with collateral release completed.

Key figures

Debt Amount
RMB 700 million
Interest Rate
3.5
Maturity Date
15-year fixed asset loan facility
Lender
Ping An Bank Co., Ltd., Shenzhen Branch
Prior rate
4.3
Closing date
2026-10-16
Refinanced lender
China CITIC Bank Corporation Limited
Rate reduction bps
80

AI analysis

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