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| HSI1 | 23,157.97 | 0.00 | -- |
| HSCEI1 | 8,359.26 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
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NWD Intends to Seek Syndicated Loan of HKD15.6B Max. by Mortgaging Victoria Dockside: Wire
2025-05-30 15:55:49 NEW WORLD DEV (00017.HK) is planning to use its core asset, Victoria Dockside in Tsim Sha Tsui, as collateral to seek a three-year syndicated loan of up to HKD15.6 billion, Bloomberg reported, citing sources. The proceeds will be used to prepay, repay, purchase, or buy back the company's existing debt. Banks must finalize their commitments to the new loan by July 11. It is understood that Deutsche Bank is leading the loan with a base size of HKD4 billion, which can be increased to a maximum of HKD15.6 billion. The interest rate is set at HIBOR plus 105 bps. ~ AAStocks Financial News Web Site: www.aastocks.com | |