CSI Properties (00497): Viva Global successfully completed the refinancing of bank financing.

date
19:42 26/05/2026
avatar
GMT Eight
Capital Strategy Real Estate (00497) announced that on May 26, 2026, the company (as guarantor) and Wangxing International Limited (a joint venture company, as borrower) entered into a financing agreement with several financial institutions (as original lenders) involving a total of 892 million Hong Kong dollars in term loan financing, for refinancing several loan facilities and providing financing or refinancing for various land premium, professional fees, and construction costs payable to the Hong Kong government. The company's indirect equity interest in the borrower is 50%. The final maturity date of the financing is 12 months from the date of the first drawdown under the financing.
CSI PROPERTIES (00497) announced that on May 26, 2026, the company (as guarantor) and Everbright International Limited (a joint venture company, as borrower) entered into a financing agreement with several financial institutions (as original lenders) involving a total amount of 892 million Hong Kong dollars of term loan financing for refinancing existing loans and providing financing or refinancing for various land premiums, professional fees, and construction costs payable to the Hong Kong government. The company holds a 50% indirect equity interest in the borrower. The final maturity date of the financing is 12 months from the date of the first loan disbursement under the financing.