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

Stock News
Nov 13, 2025

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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