Henderson towers high after doubling club to HK$13.8bn

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Henderson towers high after doubling club to HK$13.8bn

HK$ Notes

Hong Kong’s Henderson Land Development has delivered a masterclass on loan execution, closing a blockbuster HK$13.8bn ($1.8bn) deal after more than doubling the size amid an overwhelming market response. The borrower does not need the funds until next year, but it chose to come while pricing is cheap and liquidity abundant, writes Rashmi Kumar.

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