Yuexiu Property Co. Ltd. has entered into a new facility agreement with a bank on June 12, 2025. Under this agreement, the bank will provide a sustainability-linked term loan facility of up to HK$1,560 million, or its equivalent in CNH, to the company. The maturity date for this loan is set for the third anniversary of the first drawdown date, contingent upon meeting certain terms and conditions outlined in the agreement. The agreement includes a provision for an event of default if the shareholding of Yue Xiu Enterprises (Holdings) Limited, the controlling shareholder of Yuexiu Property, falls below 30%, or if Yue Xiu ceases to be the single largest beneficial shareholder or loses effective management control over the company. As of the announcement date, Yue Xiu holds approximately 44% of the company's issued shares.
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