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Hong Kong Billionaire's Developer Tai Hung Fai Gets Private Loan

Hong Kong Billionaire's Developer Tai Hung Fai Gets Private Loan

Bloomberg7 days ago
Hong Kong developer Tai Hung Fai Enterprise Co., founded by billionaire Edwin Leong, has secured a private loan of up to HK$900 million ($115 million), people familiar with the matter said, as more property firms turn to such financing.
Dignari Capital Partners, an Asian private debt firm, provided the two-year loan which will go to covering construction costs for a 30-story office tower in the western part of Hong Kong Island, the people said. The location at 92-103A Connaught Road West is near a memorial park for the revolutionary Chinese leader Sun Yat-sen, and close to the waterfront with views over the famed Victoria Harbour.
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