Gelonghui, January 24, 丨 Maple Leaf Education (01317.HK) announced that on January 24, 2024, CIS Pte Ltd (as the borrower) and the lender (as lender) have entered into a transitional term loan financing agreement. According to this, the lender agreed to provide a total of no more than S$300 million in bridging financing. The final maturity date is six months from the date of use. After approval by each lender, the final maturity date can be extended for up to six months. Proceeds from the transition financing will be used to refinance all of the Group's existing debts (including outstanding amounts under or in connection with the 2022 term loan financing agreement), pay the costs and expenses associated with the transition finance, and redeem all convertible bonds.