Sino Agro Food Inc (fka SIAF)

[ks1977]

a $100 million loan organized through a 5-bank syndicate in addition to two, possibly three, Stand-by Letters of Credit

I thought that we were looking at $100MUSD in total divided between various types (conventional loans, stand-by letters of credit etc).

If I remember correct, then Dan said something like "currently at $100MUSD" in the CC Q3 which we interpreted as maximum $100MUSD and that it might be smaller.

Is the wording in 10-K bad, or are they hiding a small positive surprise here? I.e the total will be MORE than $100MUSD, and maybe more conventional than we think?