IFC Devt constructs new HK$5bn with RFP

Hong Kong central 230px
By Rashmi Kumar
03 Jul 2014

IFC Development has issued a request for proposals to banks for a loan of at least HK$5bn ($633m), in a deal that is expected to replicate the structure of the firm’s fundraising from February 2012.

The new financing is likely to have a five year maturity, but it could change depending on how much of interest comes in from lenders, according to a banker who has received the RFP.

IFC Development — a joint venture between Sun Hung Kai Properties, Henderson Land Development ...

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