HKBN closes HK$5.5bn loan

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By Pan Yue
24 Nov 2020

Hong Kong Broadbank Network has increased a loan to HK$5.5bn ($709m) after attracting 20 participants during syndication.

Three mandated lead arrangers and bookrunners — Crédit Agricole, China Construction Bank and JP Morgan — launched the deal into syndication in September with an initial size of HK$5bn. The lead banks retained HK$380m each on their books.

Three more banks joined as MLAs. OCBC Bank ...

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