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Apollo Global Management provides $585 million financing to office provider TEC

Apollo Global Management provides $585 million financing to office provider TEC

Apollo Global Management has provided $585 million in financing to office provider The Executive Centre (TEC), according to Channel News Asia. The funds will be used to refinance existing debt and support TEC's expansion plans. TEC, headquartered in Hong Kong, operates workspaces in the Asia-Pacific region and the Middle East, with a portfolio of over 260 centres across 38 cities.

Brief written by urgent.news from Channel News Asia's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 3 other outlets

Read the original at channelnewsasia.com →

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