Hong Kong
Hong Kong Broadband Network has secured a HK$4.5 billion five-year financing through mandated lead arrangers Bank of East Asia, Bank of Taiwan, BNP Paribas, Cathay United Bank, Credit Agricole, Hang Seng Bank, JPMorgan Chase Bank, Mega International Commercial Bank, Natixis and Taipei Fubon Commercial Bank on a club basis.
The transaction is split into a HK$3.1 billion term loan, a HK$1.1 billion term loan and a HK$200 million revolver.
Final allocations saw the mandated lead arrangers hold HK$446 million each.
Proceeds are for refinancing, recapitalization, and general corporate purpose.
Hong...
