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    New World Development raises loan facility, ends airport mall agreements

    Picture of New World Development logoNew World Development
    30/09/2026 14:43
    New World Development raises loan facility, ends airport mall agreements
    Sept 30 (Reuters) - Hong Kong's New World Development 0017.HK said on Wednesday it had increased its facility agreement with Deutsche Bank AG DBKGn.DE to HK$4.9 billion ($624.48 million) from HK$3.95 billion, expanding the deal it signed in June.
    Separately, it announced it had terminated its contractual agreements with Airport Authority Hong Kong for the 11 SKIES project, an airport mall in Hong Kong.
       

    ($1 = 7.8465 Hong Kong dollars)

     (Reporting by Sneha Kumar in Bengaluru; Editing by Tasim Zahid)
     ((Sneha.Kumar@thomsonreuters.com;))

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