EX-99.2 3 eh1201339_ex9902.htm EXHIBIT 99.2 eh1201339_ex9902.htm
EXHIBIT 99.2

Summary Translation of the Loan Agreement
 
 
Borrower:
Yongye International Limited
   
Lender:
China Development Bank Corporation
   
Commitment:
US$99 million.
   
Purpose:
To finance the going-private transaction of Yongye International, Inc.
   
Term:
One(1) year, commencing in December of 2012 and ending in December 2013.
   
Interest Rate:
6-month US$ LIBOR + 300BP.
   
Overdue Interest Rate:
 
Misuse of Proceeds Interest Rate:
Interest Rate plus 1.00%.
 
Interest Rate plus 3.00%.
   
Governing Law:
People's Republic of China law