Agile launches HK$6bn borrowing with juicy price

Gungzhou property_230px
By Pan Yue
30 Apr 2018

Hong Kong-listed real estate company Agile Property Holdings launched a HK$6bn ($765m) deal to the market last week, wooing lenders with a juicy margin and all-in pricing.

The four year borrowing offers banks a margin of 395bp over Hibor, and a top level all-in as high as 520bp.

“The pricing in the real estate sector is generally higher than others,” said a banker close to the deal. “So I don’t think the pricing for Agile ...

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