Appleby advises Standard Chartered Bank on loan facilities to Prosperity REIT

Appleby has acted as BVI counsel to Standard Chartered Bank, the mandated lead arranger, bookrunner, facility agent and security agent, in relation to an HKD404m (£30m) secured loan facility and an HKD384m loan facility to the Prosperity Real Estate Investment Trust (REIT) via a BVI special-purpose vehicle borrower and secured by several guarantors.

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