Tuesday, February 28, 2012

PLC 8 Development signs $272m property loan

PLC 8 Development, a Singapore property developer, signed a loan worth $271.9 million which matures in February 2015, according to data compiled by Bloomberg.

Proceeds will be used to finance property acquisitions and banks lending to the facility include Oversea-Chinese Banking Corp. and United Overseas Bank, the data show.


 

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