SUNeVision Secures HK$3 Billion Revolving Loan Facility from HSBC

Reuters

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SUNeVision Secures HK$3 Billion Revolving Loan Facility from <a href="https://laohu8.com/S/HSBC">HSBC</a>

SUNeVision Holdings Ltd. has entered into a new facility agreement with The Hongkong and Shanghai Banking Corporation Limited for a revolving loan facility of up to HK$3 billion. The agreement, signed on 16 February 2026, involves Grandwide Development Limited, a wholly-owned subsidiary of SUNeVision, as the borrower and SUNeVision as guarantor. The facility will be used to refinance existing loans and finance the general working capital of the group. The final repayment date is set at 2 years and 11 months from the first drawdown date. The agreement imposes minimum shareholding and control requirements on Sun Hung Kai Properties Limited, which currently holds approximately 73.29% of SUNeVision’s issued share capital. If these requirements are not met, it will trigger an event of default, allowing the lender to demand immediate repayment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SUNeVision Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260216-12025936), on February 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The agreement, signed on 16 February 2026, involves Grandwide Development Limited, a wholly-owned subsidiary of SUNeVision, as the borrower and SUNeVision as guarantor. The facility will be used to refinance existing loans and finance the general working capital of the group. The final repayment date is set at 2 years and 11 months from the first drawdown date. The agreement imposes minimum shareholding and control requirements on <a href=\"https://laohu8.com/S/SUHJF\">Sun Hung Kai Properties</a> Limited, which currently holds approximately 73.29% of SUNeVision’s issued share capital. If these requirements are not met, it will trigger an event of default, allowing the lender to demand immediate repayment.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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The agreement, signed on 16 February 2026, involves Grandwide Development Limited, a wholly-owned subsidiary of SUNeVision, as the borrower and SUNeVision as guarantor. The facility will be used to refinance existing loans and finance the general working capital of the group. The final repayment date is set at 2 years and 11 months from the first drawdown date. The agreement imposes minimum shareholding and control requirements on <a href=\"https://laohu8.com/S/SUHJF\">Sun Hung Kai Properties</a> Limited, which currently holds approximately 73.29% of SUNeVision’s issued share capital. If these requirements are not met, it will trigger an event of default, allowing the lender to demand immediate repayment.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SUNeVision Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260216-12025936), on February 16, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1316543674.SGD","symbol_name":"Janus Henderson Horizon Asia-Pacific Property Income A3 SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260216:nNDL4vr8GB:1","article_id":"2611106348","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611106348","pubTimestamp":1771222947,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SUNeVision Holdings Ltd. has entered into a new facility agreement with The Hongkong and Shanghai Banking Corporation Limited for a revolving loan facility of up to HK$3 billion. 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The agreement, signed on 16 February 2026, involves Grandwide Development Limited, a wholly-owned subsidiary of SUNeVision, as the borrower and SUNeVision as guarantor. The facility will be used to refinance existing loans and finance the general working capital of the group. The final repayment date is set at 2 years and 11 months from the first drawdown date. The agreement imposes minimum shareholding and control requirements on Sun Hung Kai Properties Limited, which currently holds approximately 73.29% of SUNeVision’s issued share capital. If these requirements are not met, it will trigger an event of default, allowing the lender to demand immediate repayment.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SUNeVision Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260216-12025936), on February 16, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}