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Global International Credit rolls over HK$ 27.93 million secured loan at 11% for 24 months

PUBT·09/01/2026 13:53:06
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Global International Credit rolls over HK$ 27.93 million secured loan at 11% for 24 months
  • Global International Credit Group’s unit GICL signed a new HK$ 27.93 million secured loan with three borrowers on Sept. 1, 2026.
  • Loan runs 24 months with an 11% annual rate; interest paid monthly, principal due at maturity.
  • Proceeds will refinance the remaining HK$ 27.93 million outstanding under a 2022 loan; management expects no cash outflow.
  • Collateral is a first mortgage over a Kowloon Tong home and two parking spaces valued at HK$ 40 million, implying a 69.8% LTV.
  • Transaction was classified as a discloseable transaction under Hong Kong listing rules, with one ratio above 5% and all below 25%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global International Credit Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260901-12314407), on September 01, 2026, and is solely responsible for the information contained therein.