New World Development Refinances HK$17.8 Billion in Bank Loans from July 2024

MT Newswires Live

2025/01/23

New World Development (HKG:0017) said it refinanced around HK$17.8 billion of its bank loans during the period from July 2024 to the filing date, a Thursday Hong Kong bourse filing said.

The company said it is aware of the speculations and market rumors regarding the company's operations and indebtedness.

The company restated that it continues to do its business in the usual course of action and connects with its stakeholders, including its lenders and holders of debt securities as usual while complying with its existing financial indebtedness.

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