Banks hoping for better covenants on HKBN HK$4.5bn

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Banks hoping for better covenants on HKBN HK$4.5bn

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Skyscraper view in Hong Kong at night | leungchopan - Fotolia

Banks invited for internet service provider Hong Kong Broadband Network's (HKBN) HK$4.5bn ($580m) triple tranche loan have asked agent JP Morgan to negotiate with the sponsor for tighter covenants.

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