The lobby of Hong Kong skyscraper, The Center, was one of the sets in Hollywood blockbuster The Dark Knight’. The sale of the building and efforts to pull together a $4.1 billion short-term financing package has also been the subject of a corporate drama in recent months.
Unusually, financiers for the world’s most expensive tower were able to bypass the traditional bank loans and sell very short-term bonds to a handful of institutional investors hungry for the high yield on offer, according to two people familiar with the transaction.
The tale begins with a year-long slog by Asia’s richest man, Li Ka-shing,...
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