trending Market Intelligence /marketintelligence/en/news-insights/trending/2_uwock82ljonrjsvtnwmg2 content esgSubNav
In This List

China Resources Land secures HK$700M term loan facility

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


China Resources Land secures HK$700M term loan facility

Property developer China Resources Land Ltd. obtained a HK$700.0 million, five-year term loan facility from an undisclosed bank Oct. 8.

The facility agreement imposes, among other things, China Resources (Holdings) Co. Ltd., the company's largest shareholder, to maintain a 35% minimum shareholding percentage in China Resources Land.

As of Oct. 8, China Resources (Holdings) owns approximately 61.27% of the issued share capital of China Resources Land.