Champion REIT has obtained HKD5.3 billion (USD675 million) worth of five-year unsecured loan facilities from nine leading financial institutions in Hong Kong.
The new unsecured facilities comprise of a HKD5.0 billion term loan facility, and approximately HKD300 million revolving credit facility.
The loans will be partly deployed by Champion REIT to refinance its HKD3.7 billion secured loan due this year.
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