Fosun Tourism Group Secures €800 Million Syndicated Loan from Seven Major Banks
On July 30, 2025, Fosun Tourism Group (FTG) marked an important milestone in its financial journey by signing a substantial €800 million syndicated loan agreement with a consortium of seven prominent international banks, including Natixis, Crédit Agricole CIB, Deutsche Bank, Standard Chartered, HSBC, BNP Paribas, and Société Générale. This pivotal arrangement is designed to enhance FTG's capital structure, allowing for better stability and strategic expansion across global markets.
The ceremony for the loan agreement took place at the picturesque Club Med Joyview Heilongtan Resort, where Mr. Choi Yin On, senior vice president and CFO of FTG, represented the company alongside the participating bank representatives. Mr. Zhang Houlin, senior vice president and co-CFO of Fosun International, was also present to support the initiative, highlighting the collaborative effort between FTG and major financial institutions.
In a statement reflecting on the agreement, Mr. Zhang emphasized FTG's resilience and robust performance, especially against the backdrop of the global tourism industry's recovery. He noted, "This successful loan closing underscores the high level of trust from international financial institutions towards FTG's asset quality and growth trajectory. We aim to deepen our partnerships to sustain the development of high-quality businesses like FTG within Fosun's global ecosystem."
Echoing this sentiment, Mr. Choi remarked on how the syndicated loan would improve FTG's financial stability and bolster liquidity, significant factors for the company as it seeks to broaden its international footprint. He emphasized FTG's commitment to enhancing its brand appeal and operational capabilities in various markets, with a focus on providing unmatched family vacation experiences. This alignment with family-oriented tourism reflects a commitment to serving evolving consumer preferences, paving the way for FTG’s ambition to become the leading brand in the global family vacation sector.
Representatives from the banking consortium acknowledged the increasing role of cultural and tourism-related consumption as a pillar of domestic demand within China. They expressed their excitement about FTG, praising its financial performance, strategic clarity, and adept management. The consortium foresees the potential for a synergistic relationship that integrates tourism with financial services, aiming for a collective advancement in China's tourism industry.
The implications of this loan are significant, not just for FTG but for the larger tourism sector in China, which is gradually recovering after challenging years. With this capital injection, FTG is better positioned to invest in new ventures, enhance existing offerings, and further its international expansion strategies.
As FTG moves forward, it will be interesting to monitor how this financial support translates into tangible outcomes in terms of market growth, customer satisfaction, and overall contributions to revitalizing the tourism sector globally. The strategic foresight exhibited through this loan agreement could very well set a precedent for other companies seeking financial resilience and growth opportunities in a recovery phase post-pandemic.
The ceremony for the loan agreement took place at the picturesque Club Med Joyview Heilongtan Resort, where Mr. Choi Yin On, senior vice president and CFO of FTG, represented the company alongside the participating bank representatives. Mr. Zhang Houlin, senior vice president and co-CFO of Fosun International, was also present to support the initiative, highlighting the collaborative effort between FTG and major financial institutions.
In a statement reflecting on the agreement, Mr. Zhang emphasized FTG's resilience and robust performance, especially against the backdrop of the global tourism industry's recovery. He noted, "This successful loan closing underscores the high level of trust from international financial institutions towards FTG's asset quality and growth trajectory. We aim to deepen our partnerships to sustain the development of high-quality businesses like FTG within Fosun's global ecosystem."
Echoing this sentiment, Mr. Choi remarked on how the syndicated loan would improve FTG's financial stability and bolster liquidity, significant factors for the company as it seeks to broaden its international footprint. He emphasized FTG's commitment to enhancing its brand appeal and operational capabilities in various markets, with a focus on providing unmatched family vacation experiences. This alignment with family-oriented tourism reflects a commitment to serving evolving consumer preferences, paving the way for FTG’s ambition to become the leading brand in the global family vacation sector.
Representatives from the banking consortium acknowledged the increasing role of cultural and tourism-related consumption as a pillar of domestic demand within China. They expressed their excitement about FTG, praising its financial performance, strategic clarity, and adept management. The consortium foresees the potential for a synergistic relationship that integrates tourism with financial services, aiming for a collective advancement in China's tourism industry.
The implications of this loan are significant, not just for FTG but for the larger tourism sector in China, which is gradually recovering after challenging years. With this capital injection, FTG is better positioned to invest in new ventures, enhance existing offerings, and further its international expansion strategies.
As FTG moves forward, it will be interesting to monitor how this financial support translates into tangible outcomes in terms of market growth, customer satisfaction, and overall contributions to revitalizing the tourism sector globally. The strategic foresight exhibited through this loan agreement could very well set a precedent for other companies seeking financial resilience and growth opportunities in a recovery phase post-pandemic.
Topics Financial Services & Investing）
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