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NWD Reportedly Plans to Use Part of Deutsche Bank-Led New Loan to Repay Refinancing Loan
NEW WORLD DEV (00017.HK) earlier sought a three-year loan of up to HKD15.6 billion using Victoria Dockside in Tsim Sha Tsui as collateral, as well as an HKD87.5 billion refinancing...
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NWD Reportedly Plans to Use Part of Deutsche Bank-Led New Loan to Repay Refinancing Loan
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NEW WORLD DEV (00017.HK)  +0.060 (+1.307%)    Short selling $4.42M; Ratio 12.300%   earlier sought a three-year loan of up to HKD15.6 billion using Victoria Dockside in Tsim Sha Tsui as collateral, as well as an HKD87.5 billion refinancing deal. Bloomberg quoted sources as saying that the group is planning to use part of the former to help repay the latter.

According to sources, NEW WORLD DEV has proposed to use 15-25% of the HKD15.6 billion (up to HKD3.9 billion (USD497 million)) new loan arranged by Deutsche Bank for repayment.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)

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