Press Release
Search for Press Release
(Titles displayed in Chinese characters denote press releases that are available in Chinese only.)

Henderson Land Development Company Limited
HK$10 Billion 5-Year Term Loan/Revolving Credit Facility

(Hong Kong, 22nd June 2011) Henderson Land Development Company Limited ("Henderson Land" or the "Group") is pleased to announce the signing of a HK$10 billion five-year syndicated term loan / revolving credit facility (the "Facility") with a consortium of 17 leading international and local financial institutions on 22nd June 2011.

The Facility was very well received by international as well as local banks and the aggregate participation commitment amount from all participating financial institutions amounting to more than double the initial target facility amount of HK$5 billion. In view to such substantial over-subscription, the Group decided to scale back the aggregate participation commitment amount and increase the amount of the Facility to HK$10 billion. The overwhelming response to this Facility clearly demonstrates the confidence and support of the banking community in the strong financial position of Henderson Land and the superior credit quality of the Group.

This 5-year Facility carries an interest rate of HIBOR plus 0.75% per annum. The Facility will partly be used for refinancing the existing syndicated credit facilities of the Group that are going to expire this year, and partly for the general corporate funding requirement of Henderson Land and/or its subsidiaries.

The principal business activities of Henderson Land are property development and property investment. The Group is one of the largest property companies in Hong Kong and it is also active in the property development and property investment business in Mainland China. Other business activities of the Group include project management, construction, property management, provision of home mortgage finance, public utility, hotel and retailing. The Group also holds a 39.88% shareholding interest in The Hong Kong and China Gas Company Limited.

The Facility was participated by the following international and local financial institutions:

Mandated Lead Arrangers

The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Mizuho Corporate Bank, Ltd.
Bank of China (Hong Kong) Limited
Sumitomo Mitsui Banking Corporation
Bank of Communications Co., Ltd. Hong Kong Branch
China Merchants Bank Co. Ltd., Hong Kong Branch
ING Bank N.V.
Oversea-Chinese Banking Corporation Limited Hong Kong Branch
United Overseas Bank Limited

Lead Managers

Australia and New Zealand Banking Group Limited
Chong Hing Bank Limited
Crédit Agricole Corporate and Investment Bank
DBS Bank Ltd
Scotiabank (Hong Kong) Limited
Shanghai Pudong Development Bank Co., Ltd. Hong Kong Branch
Standard Chartered Bank (Hong Kong) Limited

Defrauders Alert

We wish to alert the public of fraudulent emails and messages, purported to be sent from Lee Shau Kee Foundation (“the Foundation”) or Dr Lee Shau Kee (“Dr Lee”), in an attempt to deceive the recipients into believing that they have been granted a monetary donation / funds by the Foundation or Dr Lee.

These fraudulent emails and messages were sent from free webmail addresses such as “”, “”, “”, or via Facebook Messenger from fraudulent social media account such as “”.

We hereby clarify that neither the Foundation nor Dr Lee has proactively sent any emails or messages to individuals and/or companies offering any funds / grants. The Foundation and Dr Lee would not use any free webmail account and have not opened or maintained any social media account. The Foundation and Dr Lee have no connection whatsoever with these fraudulent emails, messages and social media accounts. We have reported the matter to the Hong Kong Police for investigation.

Members of the public should be vigilant with regard to fraudulent emails or messages, and should always exercise due care in disclosing any personal data and information, or in acting upon any request for payment from unverified sources. Please report to the police in case of suspicious of fraud.

For further enquiries, please contact us at