CWG injects US$25m debt financing in US hospitality business
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SINGAPORE-LISTED real estate group, CWG International, has extended US$25 million of debt financing to Delaware-incorporated US Hospitality Investments.
CWG said in a filing to the Singapore Exchange on Saturday night that its wholly owned subsidiary, Chiwayland Group (S), has subscribed to a promissory note with a principal amount of US$25 million that was issued by Delaware-incorporated US Hospitality Investments, LLC.
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