SINGAPORE, June 8 (Reuters) - CapitaLand <CATL.SI>, Southeast Asia's biggest developer, said on Monday it has arranged for credit lines of up to 25 billion yuan ($3.7 billion) from two major Chinese banks to fund its China projects.
Bank of China <3988.HK> <601988.SS> and Industrial and Commercial Bank of China <1398.HK> <601398.SS> will provide the loans to the Singapore developer.
CapitaLand also said on Monday it "soft launched" a retail mall in Beijing on June 5 and that it will build a integrated development in Ningbo City called Raffles City Ningo that will comprise a mall, offices and serviced residences.
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