PROPERTY FIRM RAISES ONE BILLION H.K. DLR LOAN
<Sunyou Intercontinental (H.K.) Ltd>
has finalised the one billion H.K. Dlr loan for its hotel and
office complex in the Kowloon tourist district, lead manager
Standard Chartered Asia Ltd said.
    Standard Chartered and co-lead Mitsui Trust Finance (Hong
Kong) Ltd will take up some 60 pct of the loan. There are seven
co-managers for the remainder: Bank of Communications, Bank of
East Asia, Dai-Ichi Kangyo Bank, Daiwa Bank, Hang Seng Bank,
Sumitomo Bank and Wing Lung Bank.
    The 12-year loan, guaranteed by parent company <Sun's
Enterprise Ltd> of Japan, is to be signed by mid-April.
 REUTER
