WING TAI PPT (00369): SOUTHWATER HONG KONG LIMITED Successfully Completes Refinancing of Bank Facilities

Stock News
2025/11/13

WING TAI PPT (00369) announced that on November 13, 2025, the company (as guarantor) and its joint venture company Southwater Hong Kong Limited (as borrower) entered into a financing agreement with several financial institutions (as original lenders) for a term loan facility totaling HKD 6.111 billion. The proceeds will be used to refinance certain existing bank facilities. The company holds a 50% equity interest in the borrower. The final maturity date of the facility is the earlier of: (a) 12 months after the date of the financing agreement; or (b) six months after the issuance of the contract completion certificate for the development project where the borrower acts as the developer.

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