Gaw Capital in Talks to Resolve HK Towers Loan as Maturity Looms

Hong Kong-based investment firm Gaw Capital Partners is in discussions with lenders to find a resolution for a soon-to-mature loan backing two office buildings.

A HK$10.3 billion ($1.3 billion) loan backing Cityplaza Three and Cityplaza Four, in which Gaw Capital owns a stake of around 65%, is set to mature in early April, according to people familiar with the matter, who asked not be identified discussing private matters.