PE Firm Gaw’s Last-Minute Loan Talks Flag China Property Strains
Hong Kong-based private equity firm Gaw Capital Partners is rushing to extend a property-backed loan due Monday after a weekend of down-to-the-wire talks, according to people familiar with the matter,...
By Apple Ka Ying Li, Trista Xinyi Luo, Janice Huang · Bloomberg Markets
Hong Kong-based private equity firm Gaw Capital Partners is rushing to extend a property-backed loan due Monday after a weekend of down-to-the-wire talks, according to people familiar with the matter, the latest case spotlighting broader strains in China’s property market.