Lifestyle eyes loan amid downgrade concerns
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Lifestyle eyes loan amid downgrade concerns

Sogo night Causway Bay 230px

Lifestyle International, which operates the Sogo department stores, is believed to be talking to relationship banks for a loan related to its acquisition of a plot of land in Hong Kong. But the company’s downgrade by Fitch and the possibility of similar action by Moody’s could make things harder at the negotiating table, writes Shruti Chaturvedi.

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