Sunday 24 June 2018
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Reuters
4 months ago

HNA property unit pledges 41 percent stake as collateral for loan

HONG KONG (Reuters) - A HNA Group unit said it has pledged about 41 percent of the company as collateral for a loan from a Hong Kong private equity firm, part of a slew of fundraising efforts by the Chinese conglomerate to address a liquidity crunch.

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