New World Development and ADIA Seek to Refinance Syndicated Loan Linked to HK Hotels

Posted on 01/19/2024

Hong Kong-based New World Development Company Limited and the Abu Dhabi Investment Authority (ADIA) are seeking to refinance a HK$9.25 billion syndicated loan. The loan is linked to the purchase of luxury hotels in Hong Kong. Renaissance Harbour View Hotel, Hyatt Regency Hong Kong, Tsim Sha Tsui, and Grand Hyatt Hong Kong are the loan’s…

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