Hong Kong Housing Society secures HK$12bn syndicated loan for development projects

The loan includes a HK$3bn social component and will help with plans to build 17,000 subsidised housing units in the Special Administrative Region over the next five years.

Andrew Tjaardstra

September 13, 2024

The Hong Kong Housing Society (HKHS) has signed HK$12 billion ($1.54 billion) five-year term and revolving syndicated loan facilities with 12 local and international banks, making it HKHS' largest ever syndicated loan; it includes a HK$3 billion social tranche.

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