Hengli, Gaw look to boost old loan size by HK$1.45bn

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By Pan Yue
29 Oct 2020

Property company Hengli Group and real estate-focused private equity firm Gaw Capital Partners are taking advantage of a recent regulatory change in Hong Kong to increase a loan closed last year.

The original loan was a HK$8.33bn ($1bn) three year, closed in March 2019. It was led by Hang Seng Bank, Standard Chartered and United Overseas Bank, according to Dealogic. It was used to support Hengli and Gaw’s joint acquisition of two Hong Kong office buildings, Cityplaza Three and ...

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