ZF recently issued an official statement saying that the company has successfully loaned 2.2 billion euros, and this money will be used to pay for the acquisition of some of the money required by Tianhe. The repayment terms offered by the lenders for ZF's loans were 3, 5 and 7 years respectively, and the interest rates were all at the lower level of the market price, but ZF did not disclose the specific interest rates. ZF’s loan funds come from more than 200 investors, including private banks, German local banks, cooperative banks, and savings banks. Besides most German banks, international banks also invest. Konstantin Sauer, director of ZF's board of directors, said that the success of the loan not only shows investors' confidence in ZF and the company's acquisition of TRW, but also will expand ZF's investor base and optimize its financial structure. This is ZF's third mortgage loan. In October 2012, the group had a 400 million euro mortgage loan. ZF plans to issue Euro and U.S. dollar bonds in the first half of this year to cover other parts of the Tianhe acquisition project. Filter Elements,Water Filter Elements,Filter Element Air,Filter Parts ANPING HANKE FILTER TECHNOLOGY CO , https://www.anpinghankefilter.com