SHKP Quarterly

The Group signs 5-year HK$23 billion syndicated credit facility 集團簽署 230 億港元五年期銀團貸款 T he Group has secured a HK$23 billion five-year syndicated credit facility from a diverse group of financial institutions, which was oversubscribed by nearly five times. Group Chairman and Managing Director Raymond Kwok (middle, front row) said at the loan signing ceremony: “This overwhelming response is a very strong vote of confidence in SHKP and the future of Hong Kong. Amid macroeconomic headwinds, the Group remains committed to prudent financial discipline and places strong emphasis on cash flow management, including the implementation of strict controls on capital expenditure and the continuous launch of residential projects for sale. ” The Group will use part of the facility proceeds to refinance some of its existing debts, with the remainder reserved as working capital for the Group’s business developments. The Group holds the highest credit ratings among property companies in Hong Kong, with an A+ rating from Standard & Poor’s and an A1 rating from Moody’s. The Group’s dedication to developing quality and green properties, along with its premium, trustworthy brand and strong reputation, is well recognized among tenants, shoppers, home buyers and the investment community. 集 團與23家金融機構簽訂230億港元的五年期 銀團貸款協議，並獲銀行界超額認購近五倍， 反應熱烈。 集團主席兼董事總經理郭炳聯 （前排中）於簽署儀 式上表示：「銀行界反應踴躍，顯示他們對新地及 香港的未來非常有信心。面對當前的經濟環境，集 團會繼續恪守審慎的財務原則，高度重視現金流 管理，包括嚴格控制資本開支，並繼續推出待售住 宅項目。」 部分貸款將用於為現有債務再融資，而其餘部分則 作為集團業務發展的營運資金。 集團是本地地產發展商中信貸評級最高的公司， 標普評級為A+，穆迪評級為A1。集團致力發展優 質及綠色物業，擁有優質和具信譽的品牌，深受租 戶、購物者、物業買家及投資界認可。 12 Business News