(Corrects Dec. 30 story to show that amendments were made to the terms of an existing loan.)
Hong Fok Corporation Ltd., a Singapore-based developer, amended terms of a S$723 million loan organized in 2007, according to a Singapore stock exchange filing.
The company at the end of 2011 signed an agreement to reduce the total loan facility to S$600 million and extend the maturity until the third quarter of 2014, according to today’s filing.
As of Sept. 30, the amount outstanding under the original S$723 million facility was S$467.3 million, the company said.
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