Prosperity REIT looks to borrow $283 million, source says

07/1/2010 | Bloomberg Businessweek

Hong Kong's Prosperity Real Estate Investment Trust wants to borrow $283 million and has hired two banks to help it do so, according to a source. Standard Chartered and Sumitomo Mitsui Banking have been tapped to help Prosperity negotiate the five-year facility, which is being syndicated to other banks.

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