| Qatar Investment Authority (QIA) has approached banks for a loan of as much as US$2 billion (S$2.7 billion) to finance its acquisition of BlackRock's Asia Square Tower 1, according to three people with knowledge of the matter.
The sovereign wealth fund has held preliminary talks with banks to borrow between US$1.5 billion and US$2 billion, the people said, asking not to be identified because the information is private. Talks with potential lenders are at an early stage and QIA has not finalised the timeline for the borrowing, they said...............................................Full Article: Source
|