CSI PROPERTIES (00497) announced that on May 26, 2026, the company, acting as guarantor, and its joint venture, Wang Xing International Limited, as the borrower, entered into a financing agreement with several financial institutions, as the original lenders. The agreement pertains to a term loan facility totaling HK$892 million. The proceeds are intended for the refinancing of certain existing loan facilities and to finance or refinance certain land premium payments, professional fees, and construction costs payable to the Hong Kong government. The company holds an indirect 50% equity interest in the borrower. The final maturity date for these facilities is 12 months from the date of the first loan drawdown under the facilities.