Alternative investment manager Ares Management Corp. has sent a proposal in recent days to some banks to buy out a stake in a HK$10.2 billion ($1.3 billion) project loan backing luxury-property development The Corniche in Hong Kong, according to people familiar with the matter.
Ares Seeks to Buy Most of $1.
inflation printThe Daily Chase: Buyers eclipse sellers in premarket tradingExpectations of a June interest rate cut solidify as cracks widen in labour marketBlowout U.S.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong Mall Operator Lifestyle Seeks Up to $1 Billion LoanHong Kong mall operator Lifestyle International Holdings Ltd. is in talks with banks to refinance a loan that backs a landmark retail project at a mega development covering the city’s former airport, according to people familiar with the matter.
Read more »
Hong Kong leader says early prison release unlikely for national security offendersExplore stories from Atlantic Canada.
Read more »
Hong Kong leader says early prison release unlikely for national security offendersExplore stories from Atlantic Canada.
Read more »
Hong Kong Feb home prices ease for the 10th month, down 1.7%Explore stories from Atlantic Canada.
Read more »
Christie's to open new Hong Kong HQ, sees growing Asian Gen Z interestExplore stories from Atlantic Canada.
Read more »
Christie's to open new Hong Kong HQ, sees growing Asian Gen Z interestExplore stories from Atlantic Canada.
Read more »