Yuexiu Property Secures HK$1 Billion Loan Facility

MT Newswires Live

06/05

Yuexiu Property (HKG:0123) said it secured a HK$1 billion loan facility from a bank, according to a Thursday filing with the Hong Kong bourse.

Shares of the property company fell over 1% in midday Friday.

Fitch Ratings recently affirmed the company's long-term foreign-currency issuer default rating at BBB- and maintained a stable outlook.

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