DEG commits to extend $28m loan to China's Minsheng Education Company

DEG commits to extend $28m loan to China's Minsheng Education Company

Photo: Colin Watts / Unsplash

DEG, the investment arm of German state-owned development bank KFW, has committed to providing a $28-million long-term loan to Minsheng Education Company (Minsheng), a China-based tertiary and vocational education-focused group, according to a disclosure.