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SCMP Reporter

HENDERSON Land Development signed a five-year term loan facility of $2.65 billion yesterday, partly to refinance the five-year $1.2 million medium-term loan arranged by Barclays Bank in 1990 and partly for working capital.

  The facility carries an margin of 0.725 per cent over HIBOR (Hong Kong Inter-bank Offered Rate).



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Barclays Bank

Henderson signs loan