Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Shui On Said to Seek Additional Lenders After Loan Signing

Don't Miss Out —
Follow us on:

Feb. 21 (Bloomberg) -- Shui On Development Holding Ltd. may complete a three-year loan as early as this week and will seek additional commitments later via a so-called accordion structure, said a person familiar with the matter.

About ten banks, including the loan’s arranger, Credit Suisse AG, will lend to the facility, the person said. Shui On is expected to sign the loan either this week or early next with bank commitments totaling about $300 million, the person said. The company initially sought $410 million however will continue to accept commitments after this week via a structure which allows lenders to join after the loan has been signed, the person said.

Shanghai-based Shui On spokeswoman Ingrid Tang didn’t immediately respond to two phone calls to her mobile seeking comment on the loan.

The loan refinances an existing facility of about $300 million, another person familiar with the matter said on Jan 4.

To contact the reporter on this story: Wendy Mock in Hong Kong at

To contact the editor responsible for this story: Shelley Smith at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.