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Succeed Venture to raise $300m onshore

China Shanghai sunset 230px
By Shruti Chaturvedi
22 Jan 2015

Succeed Venture is looking to raise a $300m secured loan. In addition to offering security based on a hotel building in Shanghai, the fundraising comes backed by provisions related to the loan-to-value ratio, using the hotel’s valuation as a basis, said a banker.

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By Shruti Chaturvedi
22 Jan 2015