City Developments secures S$1.6bn loan to finance Singapore property development

Published April 18, 2011 Updated April 18, 2011 05:47am

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By Syed Murtaza Gheblehzadeh

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Part of the funds will also be used to refinance the S$800 million bank loan facility for the project, which is a joint venture between City Developments and Malaysia's IOI, the statement said.

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