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Gaw Capital-Led Group Seeks to Refinance $1.8 Billion Loan

Source: Bloomberg

Credit & Bond MarketsHousing & Real EstateConsumer Demand & Retail

A Gaw Capital Partners-led consortium is seeking to refinance a HK$14.4 billion ($1.8 billion) loan backed by several Hong Kong shopping centers, according to people familiar with the matter. The refinancing comes as Hong Kong retail sales recovery remains uneven.

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