Yuexiu Property (00123): Hongjing obtained a total of HK$600 million in term loan financing.

date
18:39 31/03/2026
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GMT Eight
Yuexiu Property (00123) announced that on March 31, 2026, Hongjing Limited (Hongjing) (as borrower) and a bank (lender) entered into a financing agreement (Financing Agreement 1), under which the lender provided a term loan financing of HK$450 million under the terms and conditions of Financing Agreement 1, with a maximum loan term of 18 months from the date of the first drawdown. Hongjing is a wholly-owned subsidiary of the company, and the company guarantees the obligations under Financing Agreement 1.
YUEXIU PROPERTY (00123) announced that, on March 31, 2026, Hongjing Limited (Hongjing) (as the borrower) entered into a financing agreement (Financing Agreement One) with a bank (lender), under which the lender provided a HK$450 million term loan financing under the terms and conditions of Financing Agreement One, with a maximum loan period of 18 months from the date of first drawdown. Hongjing is a fully-owned subsidiary of the company, and its obligations under Financing Agreement One are guaranteed by the company. On March 31, 2026, Hongjing (as the borrower) entered into a financing agreement (Financing Agreement Two) with the lender, under which the lender provided a HK$150 million term loan financing under the terms and conditions of Financing Agreement Two, with the loan maturity date set to March 31, 2027. Hongjing's obligations under Financing Agreement Two are guaranteed by the company.