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
Final allocations saw HSBC, Hang Seng, Standard Chartered and SMBC commit $300 million, $150 million, $100 million and $60 million respectively while Bank of East Asia was...