Brookfield Asset Management is negotiating with banks to refinance a $700 million loan that funded its purchase of an office tower in Shanghai five years ago, Bloomberg News reported Wednesday, citing people familiar with the matter.
The Canada-based asset manager purchased the property from Greenland Hong Kong (HKG:0337) in 2019, and the loan is due before the end of the year, according to the report.
The new package could reach more than $900 million, the report said.
Brookfield also snagged 1.96 billion yuan in a 15-year onshore loan from Bank of China (HKG:3988, SHA:601988) with an annual interest rate of 4%, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。