Logan Group's (HKG:3380) 50% owned project company Unicorn Bay (Hong Kong) Investments obtained a HK$8.2 billion refinancing facility, a Thursday filing with the Hong Kong Exchange said.
The facility is being used to repay the loan under Unicorn Bay regarding the Corniche project, an important offshore asset of the company.
The company's shares were up over 4% on Thursday's close.
Price (HKD): $0.74, Change: $+0.03, Percent Change: +4.23%
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