China Business News: Henderson Land Development aims to raise HK$5 bln

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Latest News :2010.02.08 Search News Or

Henderson Land Development aims to raise HK$5 bln

May 20, 2009 (China Knowledge) - Henderson Land Development Co Ltd<0012>, a Hong Kong-based property developer, is seeking a 3-year term loan of up to HK$5 billion from a syndicate, sources reported. The real estate enterprise intends to pay an all-in interest rate 125 basis points above the Hong Kong Interbank Offered Rate. However, the specific amount of capital to be raised has not yet b

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