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Chinese Estates Holdings Ltd (0127.HK)

0127.HK on Hong Kong Stock

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Exclusive: China Evergrande seeks $1.5 billion via HK tower financing - sources

HONG KONG Highly leveraged property firm China Evergrande Group is in talks with financial institutions to raise about $1.5 billion (1.2 billion pounds) this month by offering its Hong Kong office tower as collateral, two sources with direct knowledge of the matter said.

EXCLUSIVE-China Evergrande seeks $1.5 bln via HK tower financing -sources

HONG KONG, Oct 22 Highly leveraged property firm China Evergrande Group is in talks with financial institutions to raise about $1.5 billion this month by offering its Hong Kong office tower as collateral, two sources with direct knowledge of the matter said.

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