Summary by Futu AI
GOLD DOMAIN HOLDINGS LIMITED (NAGACORP) ANNOUNCED ON JUNE 2, 2024 THAT PURSUANT TO THE ANNOUNCEMENTS OF OCTOBER 17 AND DECEMBER 12, 2023, THE COMPANY HAS TAKEN OUT A LOAN OF $70,000,000 ON MAY 31, 2024 UNDER A PREVIOUSLY ENTERED LOAN AGREEMENT. This loan is provided with the original consent of the lender at a maximum amount of $80,000,000 for the purpose of refinancing and/or partial repayment of outstanding 2024 Notes. The company said it is confident that the loans raised through this transaction will be able to be repaid in full by the time the 2024 note matures. This announcement is intended to inform the Company's shareholders and potential investors of the latest financial support situation.