2025-02-21 28Hse Editor
Emperor International (0163) has successfully secured a syndicated loan of HK$2.42 billion from a consortium of 11 global and local banks. This strategic financial maneuver is set to provide the company with the necessary capital agility to foster its upcoming property developments.
Alexander Yeung Ching-loong, Vice Chairman and Executive Director of Emperor International, expressed that the company is progressing well with its premium residential offerings. The current portfolio showcases an array of quality projects, namely No 15 Shouson Hill, Seaside Castle, SouthSky, and Central 8, each poised to meet the sophisticated demands of the market.
Looking ahead into the latter part of the year, Emperor International has a robust schedule with the launch of two new residential ventures. These include projects situated at No. 1 Wang Tak Street in the vibrant neighborhood of Happy Valley and the prestigious No. 28 Bonham Road in Mid-Levels West.
The syndicated loan was a collaborative effort, co-coordinated by notable financial institutions such as the Bank of Communications (Hong Kong), the Bank of East Asia (0023), and the Hong Kong and Shanghai Banking Corporation.
The financing pool also features an impressive array of lenders, comprising the Bank of China's (3988) Macau Branch, Luso International Banking, Cathay Bank's Hong Kong Branch, OCBC Bank (Hong Kong), China Construction Bank (Asia), Chong Hing Bank, Hang Seng Bank (0011), and Bank SinoPac's Hong Kong Branch, each contributing to the substantial financial package secured by Emperor International.
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