China-backed buyer aims to fund $5.b HK skyscraper deal mostly via debt

China-backed buyer aims to fund $5.b HK skyscraper deal mostly via debt

Li Ka-shing. Photographer: Justin Chin/Bloomberg

The China-backed buyer of a Hong Kong skyscraper from billionaire Li Ka-shing for a record $5.2 billion is seeking to borrow as much as 90 percent to fund thedeal, according to a term sheet seen by Reuters and people with knowledge of the matter.

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