HKBN makes quick return for HK$5bn loan

By Pan Yue
07 Apr 2021

Hong Kong Broadband Network has returned to the loan market for a HK$5bn ($643m) deal for refinancing.

Five mandated lead arrangers and bookrunners are arranging the transaction. They are Bank of China, China Construction Bank, China Citic Bank International, Chiyu Bank and Hang Seng Bank.

The margin on the five year bullet facility is pegged to HKBN’s leverage ratio. The opening margin is 150bp over ...

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