Asia Standard Hotel Faces Difficulty Refinancing HKD1.36B Loan After Losses on Evergrande Bonds: Wire
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Asia Standard Hotel Group is struggling to refinance a HKD1.36 billion loan due next week after suffering significant losses from investments in China Evergrande's bonds. The company has not secured enough support from lenders, and creditors are urging other institutions to remain in the syndicate to prevent liquidity issues.
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