Citic Pacific’s HK$4.8 billion five-year revolvingterm credit facility was launched into syndication on September 1 via bookrunners Bank of China, HSBC and Standard Chartered Bank. The loan was upsized from HK$3.0 billion.
Eight banks have committed to join at the top -- Agricultural Bank of China,
Proceeds are for refinancing and working capital purposes. Banks have until September 21 to revert.
A HK$2.2 billion financing for Prosperity Reit, borrowed via Progain Group, was sealed in mid-August via bookrunners Standard Chartered Bank and Sumitomo Mitsui...