It's done

PCCW announces that it has raised $6.7 billion through the provision of two new loans.

PCCW has announced that it has received firm underwriting offers from banks for its $4.7 billion refinancing loan as well as a $2 billion project finance loan for its Internet Protocol Backbone joint venture with Telstra.

We have worked very closely with the banking community and I believe these commitments demonstrate strong confidence in our newly merged group, its financial strength and our future growth prospects, said Francis Yuen, deputy chairman of PCCW. 

Details of the...

To continue reading, please login or register for free

Click for more on: done

Print Edition

FinanceAsia Print Edition

CONFERENCES