Hong Kong Housing Society secures HK$12bn syndicated loan for development projects
The Hong Kong Housing Society (HKHS) has signed HK$12 billion ($1.54 billion) five-year term and revolving syndicated loan facilities with 12 local and international banks, making it HKHS’ largest ever syndicated loan; it includes a HK$3 billion social tranche. The overall pricing of the loan facilities is based on the Hong Kong Interbank Offered Rate…