Fosun International Limited announced that it has successfully completed the refinancing of its USD 804 million loan due on 7 May 2024. As part of the refinancing process, the Company has successfully obtained a new syndicate loan of USD 597 million, while the remaining was repaid through its own funds. The Company collaborated closely with its banking partners and the syndicate of banks involved in arranging the new syndicate loan of USD 597 million includes Bank of China (Macau), Bank of China (Shanghai), BNP Paribas, Bank of East Asia, Commerzbank, Hang Seng Bank, HSBC, Natixis, Qatar National Bank, and Standard Chartered.

This new syndicated loan, the large of its kind in the market thus far this year for a Chinese privately-owned enterprise, is a testament to Fosun's strong liquidity and the strong support it has received from domestic and foreign banks.