China-backed buyer aims to fund $5.2 billion HK skyscraper deal mostly via debt-sources

HONG KONG (Reuters) – The China-backed buyer of a Hong Kong skyscraper from billionaire Li Ka-shing for a record $5.2 billion is seeking to borrow as much as 90 percent to fund the deal, according to a term sheet seen by Reuters and people with knowledge of the matter.

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