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HKBN (01310.HK) Reportedly Seeking $6.25B Loan for Refinancing
HKBN (01310.HK) is seeking a $6.25 billion loan for refinancing purposes, Bloomberg reported, citing sources.About four to five banks will underwrite this transaction, but it is no...
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HKBN (01310.HK) Reportedly Seeking $6.25B Loan for Refinancing
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HKBN (01310.HK)  +0.130 (+3.448%)    Short selling $2.82M; Ratio 5.124%   is seeking a $6.25 billion loan for refinancing purposes, Bloomberg reported, citing sources.

About four to five banks will underwrite this transaction, but it is not yet finalized, and the terms may change as negotiations proceed, the sources disclosed.

The report also mentioned that HKBN will use the proceeds to refinance a $5.5 billion syndicated loan maturing in 2025 and repay part of a bank loan due in July 2026.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-14 16:25.)

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