New Regent Asia has completed a HK$1.5 billion four-year financing through mandated lead arrangers Bank of China, DBS, HSBC and Hang Seng Bank.
The financing consists of a HK$585 million term loan and a HK$936 million term loan.
Proceeds are to support construction costs.
Shimao Property Holdings has sealed a $670 million dual-currency facility through mandated lead arrangers Bank of East Asia, HSBC, Hang Seng Bank, SMBC and Standard Chartered.
The three-year facility is split into a $610 million tranche and a HK$468 million tranche.