Great Eagle to raise HK$4-5 billion via syndicated loan

Great Eagle is raising HK$4-5 billion via a syndicated loan to finance a redevelopment in Mongkok, Hong Kong.

Investment property and hotels group Great Eagle Holdings is raising HK$4 billion to HK$5 billion roughly $513.2 million to $642 million via a syndicated loan to help finance a HK$8.5 billion redevelopment in Mongkok. The company says the terms of the loan, which is reportedly being handled by Hong Kong's five biggest banks, have not yet been finalized.

The 1.76 million square foot redevelopment is scheduled for completion in late 2003 and will comprise an...

To continue reading, please login or register for free

Click for more on: great | eagle | raise | hk45 | billion | syndicated | loan

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...