Evergrande's Fortune Choice debuts with HK$5.2bn

hong kong central px230
By Pan Yue
03 Oct 2018

Fortune Choice is tapping the offshore loan market for a HK$5.2bn ($664m) fundraising to support the development of a residential building in Hong Kong.

China Everbright Bank is the sole mandated lead arranger and bookrunner, said a source close to the situation. The lead pre-funded part of the loan at the beginning of the year and launched the deal into general syndication last week.

The 3.5 year term loan amortises over ...

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