CK Property prices bumper $7.1b loan

Cheung Kong Property sets an better-than-targeted all-in price on its new jumbo loan of just Libor plus 110bp as banks pile in.

Li Ka-shing-controlled Cheung Kong Property has priced its jumbo HK$55 billion ($7.1 billion) loan at 110 basis points over Libor all-in, according to two sources familiar with the matter.

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