Sun Hung Kai signs with 21 banks

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Sun Hung Kai signs with 21 banks

Sun Hung Kai Properties was set to sign a HK$15.2bn ($1.96bn) five year loan at the end of last week, after finding enough demand to increase the size of the deal from the planned HK$5bn. Bankers say this makes it the biggest local currency deal in Hong Kong since the start of the year, despite the company not having a specific use of proceeds lined up.

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