Brief: Shanghai Industrial Urban Development Proposes To Implement Quasi-Reits Asset-Backed Securitisation Of Property
BRIEF-Shanghai Industrial Urban Development Proposes To Implement Quasi-Reits Asset-Backed Securitisation Of Property Oct 20 (Reuters) - Shanghai Industrial Urban Development Group Ltd 0563.HK:
PROPOSES TO IMPLEMENT QUASI-REITS ASSET-BACKED SECURITISATION OF PROPERTY
PROPERTY REFER TO TWIN-TOWER COMPLEX LOCATED IN WUXI
SECURITISATION THROUGH A SPECIAL PLAN
SPECIAL PLAN TO RAISE RMB1,196 MILLION VIA SENIOR AND SUBORDINATED ABS ISSUANCE
UNDER IMPLEMENTATION STEPS FOR PLAN, SUD TO SELL SHANGHAI CHENGKAI (GROUP) WUXI PROPERTY AT RMB396 MILLION
Further company coverage: 0563.HK
((Reuters.Briefs@thomsonreuters.com;))
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