Loan facility for owner of Central Plaza in Shanghai

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    Treasury China Trust (TCT) has received a US$120 million three-year multi-currency loan facility to refinance its Shanghai asset, Central Plaza. The Singapore…

    Treasury China Trust (TCT) has received a US$120 million three-year multi-currency loan facility to refinance its Shanghai asset, Central Plaza. The Singapore Stock Exchange-listed TCT is an owner, developer and manager of commercial real estate in China.

    Citic Ka Wah Bank led a consortium of banks in providing the loan, which will mature in December 2013. The facility comprises US$110 million and Rmb65 million.

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