Wing Tai Properties' joint venture secures HK$5.9 billion refinancing loan

On November 10, Wing Tai Properties announced on the Hong Kong Stock Exchange that its 50%-owned joint venture Southwater Hong Kong has obtained a term loan facility totaling HK$5.9 billion for the refinancing of certain bank financings. The final maturity date of the facility is 42 months from the date of the facility agreement, with Wing Tai Properties as guarantor.