{"id":777003517,"date":"2023-03-21T13:19:28","date_gmt":"2023-03-21T16:19:28","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777003517"},"modified":"2026-04-22T23:35:52","modified_gmt":"2026-04-23T02:35:52","slug":"hann-resorts-secures-us165-66m-loan-for-philippines-ir-project","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/hann-resorts-secures-us165-66m-loan-for-philippines-ir-project","title":{"rendered":"Hann Resorts secures US$165.66m loan for Philippines IR project"},"content":{"rendered":"\n<p>Hann Resorts has secured the loan to partially fund the development of its Hann Reserve integrated resort project in New Clark City.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- <strong>Hann Resorts<\/strong> has secured a PHP9bn (US$165.66m) loan from Asia United Bank and Union Bank of the Philippines.&nbsp; According to a social media post, the funding will be used to partially finance the construction and development of its <strong>Hann Reserve integrated resort project <\/strong>in New Clark City.<\/p>\n\n\n\n<p>The Hann Reserve project is a complementary expansion of&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/hann-casino-resort-in-the-philippines-opens-its-doors\" target=\"_blank\">Hann Casino Resort<\/a>, which was completed in 2021. It will cost approximately US$600m.&nbsp;The integrated resort development combines luxury hotels including Banyan Tree, Sofitel, Emblem and Westin, with luxury retail outlets, convention spaces, high-end restaurants, residences and commercial spaces.&nbsp;<\/p>\n\n\n\n<p><strong>Han Daesik<\/strong>, chairman and chief executive of Hann Development Corp, has previously said this project will be the &#8220;ultimate millionaire&#8217;s playground&#8221; spanning 450 hectares and featuring three 18-hole championship golf courses. The initial phase of the development will feature the Banyan Tree hotel and&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/hann-development-breaks-ground-on-luxury-golf-resort-project\" target=\"_blank\">an 18-hole golf course<\/a>, clubhouse and a 10-hectare public park.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hann Resorts has secured the loan to partially fund the development of its Hann Reserve integrated resort project in New Clark City.<\/p>\n","protected":false},"author":176,"featured_media":20663,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Hann Resorts has secured a PHP9bn (US$165.66m) loan from Asia United Bank and Union Bank of the Philippines to partially finance its US$600m Hann Reserve integrated resort project in New Clark City. This significant development, an expansion of the existing Hann Casino Resort, will feature luxury hotels, high-end retail, convention spaces, and championship golf courses, targeting a premium clientele.","focusai_entities":"Hann Resorts, Asia United Bank, Union Bank of the Philippines, Hann Development Corp, Han Daesik, Banyan Tree, Sofitel, Emblem, Westin","focusai_location":"Philippines, New Clark City","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.8), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Funding Structure Impact","query":"How does this PHP9bn debt financing impact Hann Resorts' overall capital structure and its ability to secure additional equity or debt for future phases of the Hann Reserve project, particularly given the US$600m total estimated cost?"},{"label":"Market Saturation Analysis","query":"What is the projected impact of the Hann Reserve integrated resort, including its luxury hotel brands and golf courses, on the competitive landscape for high-net-worth clientele within the Philippines' existing and planned gaming and hospitality verticals?"}],"footnotes":""},"categories":[157,16333],"tags":[24057],"class_list":["post-777003517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-hann-casino-resort"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777003517"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003517\/revisions"}],"predecessor-version":[{"id":777003560,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003517\/revisions\/777003560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20663"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777003517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777003517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777003517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}