trending Market Intelligence /marketintelligence/en/news-insights/trending/h5DzF4Is2cMDUuvT5SM5ug2 content esgSubNav
In This List

Shenzhen Investment secures HK$400M loan facility

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Infographic: The Big Picture 2024 – Energy Transition Outlook

Shenzhen Investment secures HK$400M loan facility

Shenzhen Investment Ltd. secured an up to HK$400.0 million transferable term loan facility from an unidentified bank.

The facility has a term of 48 months, starting Dec. 18, according to a company release.

Under the agreement, a default on the loan will arise in certain cases, such as if Shum Yip Holdings Co. Ltd. ceases to be the company's largest shareholder. Shenzhen Municipal People's Government of the People's Republic of China must also retain a majority stake in Shum Yip.

Shum Yip holds roughly 60.78% of Shenzhen Investment's issued share capital.