Loans update: Power Assets, Shuanghui, Far East Horizon
While loans bankers await the launch of a HK$6bn loan for Beijing Enterprises overnight (see separate story), they are continuing to mull over the jumbo HK$37.5bn three year loan backing the spin-off of Hong Kong Electric Co from Power Assets Holdings, part of the Hutchison Whampoa conglomerate — and in particular, the commitment levels that might be available in the deal.
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