Macro Finance
New World in Talks With Some Banks to Extend $11.2 Billion Loan
Bloomberg Markets·October 16, 2026·1 min read
New World Development is in preliminary talks with some banks to extend an about HK$88 billion ($11.2 billion) loan by two years, according to people familiar with the matter. The extension could pave the way for a capital injection for the cash-strapped Hong Kong builder, which has been selling assets to ease its debt burden.
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