(Bloomberg) — Huawei Technologies Co. is seeking to raise a $1.5 billion-equivalent loan, shortly after sealing a similar-sized financing in July, according to people familiar with the matter.The Chinese smartphone maker is in talks with international and Chinese lenders for the facility, with Huawei Investment & Holding Co. providing a letter of comfort, said the people who are not authorized to speak publicly and asked not to be identified. Funds raised will be used for general corporate purposes and working capital, they said. Huawei declined to comment when contacted by Bloomberg.The provider of networking gear has been at the center …read more
Source:: Yahoo Finance
