New World Development Secures HKD 5.9 Billion Loan Facility Led by Deutsche Bank, Secured by Victoria Dockside Property
Reuters
Sep 25
<a href="https://laohu8.com/S/NWC.AU">New World</a> Development Secures HKD 5.9 Billion Loan Facility Led by Deutsche Bank, Secured by <a href="https://laohu8.com/S/VCCTF">Victoria</a> Dockside Property
**New World Development Secures HKD 5.9 Billion Loan Facility Led by Deutsche Bank** Hong Kong, 25 September 2025 - New World Development Company Limited (Stock Code: 0017) has entered into a new loan facility agreement with Deutsche Bank AG, acting as arranger, original lender, and agent. The agreement provides the Group with a term loan facility of up to HKD 5.9 billion, with an initial committed tranche of HKD 3.95 billion. The facility is secured by a first-ranking mortgage over the prime Victoria Dockside property, which includes K11 ARTUS, K11 ATELIER, K11 MUSEA, Rosewood Hong Kong, and associated carparks. The proceeds will support the Group's ordinary course financing activities, and the company retains the flexibility to use Victoria Dockside for additional financing if required. New World Development cautioned investors to rely only on official company announcements for information regarding the Group.
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