--- title: "According to reports, Sun Hung Kai Properties has obtained a HKD 20 billion five-year bank loan for refinancing" type: "News" locale: "en" url: "https://longbridge.com/en/news/280452449.md" description: "SHK PPT has obtained a HKD 20 billion five-year bank loan for refinancing. The loan is provided by Bank of China (Hong Kong), DBS Bank, HSBC, and OCBC Bank, and is expected to be signed in April or May, with an interest rate of Hong Kong Interbank Offered Rate plus 60 basis points, making the borrowing cost the lowest in history. The original intended scale was HKD 5 billion, and if demand is strong, the final loan amount is expected to reach HKD 26 billion" datetime: "2026-03-25T09:57:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280452449.md) - [en](https://longbridge.com/en/news/280452449.md) - [zh-HK](https://longbridge.com/zh-HK/news/280452449.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280452449.md) | [繁體中文](https://longbridge.com/zh-HK/news/280452449.md) # According to reports, Sun Hung Kai Properties has obtained a HKD 20 billion five-year bank loan for refinancing According to Bloomberg, SHK PPT (00016.HK) has secured a HKD 20 billion five-year bank loan for refinancing purposes. The banks providing the loan include Bank of China Hong Kong (02388.HK), DBS Bank, HSBC, and OCBC Bank, with the agreement expected to be signed in April or May. The loan interest rate is set at Hong Kong Interbank Offered Rate plus 60 basis points, making the borrowing cost the lowest in history. The report indicates that the initial intended loan size was HKD 5 billion, but if demand is strong, it is expected to expand, with the final bank commitment reaching HKD 26 billion ### Related Stocks - [SHK PPT (00016.HK)](https://longbridge.com/en/quote/00016.HK.md) ## Related News & Research - [Exclusive|Hong Kong developer banks on arts and finance synergy in West Kowloon cultural hub](https://longbridge.com/en/news/280077581.md) - [SHKP launches 350 Sierra Sea flats as Hong Kong property rebound gathers pace](https://longbridge.com/en/news/274417093.md) - [S&P Revises Sekisui House's Outlook to Negative on Weak US Detached Housing Ops](https://longbridge.com/en/news/280295019.md) - [CNT Group Narrows Annual Loss Despite Revenue Slump and Deeper Property Revaluation Hit](https://longbridge.com/en/news/280832176.md) - [Will the share buybacks boost the Pop Mart stock price?](https://longbridge.com/en/news/280724846.md)