CSI Properties (00497): Southwater Hong Kong Limited has successfully completed the refinancing of bank financing.

CSI PROPERTIES (00497) announced that on November 13, 2025, the company (as the guarantor) and Southwater Hong Kong Limited (a joint venture company) (as the borrower, referred to as the borrower) entered into a financing agreement (financing agreement) with several financial institutions (as the original lenders) involving a total amount of HK$6.11 billion in term loan financing (such financing) for refinancing certain bank financing. The company's share of equity interest in the borrower is 50%. The ultimate maturity date of such financing shall be the earlier of: (a) 12 months from the date of the financing agreement; and (b) 6 months after the Director of Lands in Hong Kong issues a completion certificate for the borrower as a developer for the development project.