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SHK PPT Secures HK$20B 5-Yr Bank Loan for Refinancing: Wire
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SHK PPT (00016.HK) secured a HK$20 billion five-year bank loan for refinancing, Bloomberg reported, citing sources. The lending banks include BOC HONG KONG (02388.HK), DBS Bank, HSBC, and OCBC. The agreement was expected to be signed in April or May. The deal pays an interest margin of 60 bps over the HIBOR. Borrowing costs are at their lowest level in years. AAStocks Financial News |
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