Hong Kong Broadband Network (01310.HK) subsidiary secured a total of HKD 10.75 billion in regular loan financing.

date
01/11/2025
China Finance and Economics APP News, Hong Kong Broadband (01310.HK) announced that on October 31, 2025, the company and several wholly-owned subsidiary companies (each as borrowers) as well as the company, borrowers, and several other wholly-owned subsidiary companies (each as guarantors) entered into a financing agreement with a syndicate of banks (as lenders) for a total of HK$10.75 billion in term loan financing. The financing will mature on the 364th day after the first drawdown of the financing (or if that day is not a business day under the financing agreement, then the immediately preceding business day), but the company has the right to extend the maturity date twice under certain conditions without the need for the consent of any lender, each extension being for 24 months.