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PACM has provided a HKD 230 million senior secured financing facility to a company listed on the Hong Kong Stock Exchange. The financing facility is secured by an en-bloc industrial building with an approved waiver granted by the Lands Department to convert into a commercial building located in Kowloon, Hong Kong. Proceeds are used to finance general working capital and repay the existing indebtedness.
About Pacific Aegis Capital Management Group
Pacific Aegis Capital Management Group (“PACM”) is a real estate private credit investment management firm based in Hong Kong specializing in distressed investments / special situations in developed markets. PACM’s affiliate Pacific Aegis Capital Management (IM) Limited is a HKSFC regulated entity with a Type 9 Asset Management license.