Hong Kong Builder Parkview Secures $940 Million Loan Refinancing

Parkview Group Ltd. has secured a $940 million loan refinancing deal backed by a key Beijing asset, according to people familiar with the matter, ending a months-long saga that had...

By Kari Soo Lindberg, Janice Huang · Bloomberg

Parkview Group Ltd. has secured a $940 million loan refinancing deal backed by a key Beijing asset, according to people familiar with the matter, ending a months-long saga that had weighed on the Hong Kong developer amid China’s prolonged property crisis.