Sovereign wealth fund Abu Dhabi Investment Authority is seeking an A$3.75 billion ($2.6 billion) loan backed by four Australian assets held by the firm’s wholly-owned subsidiary, according to people familiar with the matter.
Sovereign wealth fund Abu Dhabi Investment Authority is seeking an A$3.75 billion ($2.6 billion) loan backed by four Australian assets held by the firm’s wholly-owned subsidiary, according to people familiar with the matter.
New World Development Co.’s shares and bonds surged after people familiar with the matter said Blackstone Inc. is in advanced talks to become the single largest shareholder of the Hong Kong developer.
New World Development Co.’s shares and bonds surged after people familiar with the matter said Blackstone Inc. is in advanced talks to become the single largest shareholder of the Hong Kong developer.
The K11 Musea shopping mall at the Victoria Dockside commercial complex, developed by New World Development Co., in Hong Kong, China.
The Arab Energy Fund has received regulatory approval in China to raise up to 10 billion yuan ($1.4 billion) through yuan‑denominated bonds, paving the way for what could be among the largest panda bond programs from the Middle East.
The Arab Energy Fund has received regulatory approval in China to raise up to 10 billion yuan ($1.4 billion) through yuan‑denominated bonds, paving the way for what could be among the largest panda bond programs from the Middle East.
Platinum Equity is considering options for lingerie and swimwear maker Hop Lun, including a possible sale, according to people familiar with the matter.
Platinum Equity is considering options for lingerie and swimwear maker Hop Lun, including a possible sale, according to people familiar with the matter.
Brookfield Asset Management Ltd. is seeking a 2.5 trillion won ($1.7 billion) loan backed by Seoul’s International Finance Center, people familiar with the matter said, underscoring the refinancing squeeze facing investors stuck with unsold commercial real estate.
Brookfield Asset Management Ltd. is seeking a 2.5 trillion won ($1.7 billion) loan backed by Seoul’s International Finance Center, people familiar with the matter said, underscoring the refinancing squeeze facing investors stuck with unsold commercial real estate.
The International Finance Center complex in Seoul. Source: Google Maps
BlackRock Inc. has obtained investor consent to extend the investment period of its second Asia private credit fund, a step forward as it navigates challenges in the region’s private markets.
BlackRock Inc. has obtained investor consent to extend the investment period of its second Asia private credit fund, a step forward as it navigates challenges in the region’s private markets.
Some bankers in Asia are starting to worry about financing deals that would grant Chinese end-users remote access to advanced US chips amid the escalating battle between the world’s two superpowers for artificial intelligence dominance.
Some bankers in Asia are starting to worry about financing deals that would grant Chinese end-users remote access to advanced US chips amid the escalating battle between the world’s two superpowers for artificial intelligence dominance.
Goldman Sachs Group Inc. has sought to purchase a portion of New World Development Co.’s loans at a discount, an indication of how one potential investor would value the debt of a builder that’s become a poster child of Hong Kong’s property woes.
Goldman Sachs Group Inc. has sought to purchase a portion of New World Development Co.’s loans at a discount, an indication of how one potential investor would value the debt of a builder that’s become a poster child of Hong Kong’s property woes.
The Deep Water Pavilia project, developed by New World Development Co., in Hong Kong, China. Photographer: Lam Yik/Bloomberg
A large wager on Hong Kong and China real estate is backfiring on one of Singapore’s top banks, which is facing up to mounting troubles in the region’s deteriorating property markets.
A large wager on Hong Kong and China real estate is backfiring on one of Singapore’s top banks, which is facing up to mounting troubles in the region’s deteriorating property markets.
Parkview Green in Beijing. Photographer: Simon Song/South China Morning Post/Getty Images
A US-based artificial intelligence firm is seeking a loan of about $300 million to help fund the purchase of advanced Nvidia Corp. chips for use in Japan by a Chinese client, according to people familiar with the matter, a rare case of financiers being tapped to support such deals.
A US-based artificial intelligence firm is seeking a loan of about $300 million to help fund the purchase of advanced Nvidia Corp. chips for use in Japan by a Chinese client, according to people familiar with the matter, a rare case of financiers being tapped to support such deals.