HKBN (01310) announced that on October 31, 2025, several of its wholly-owned subsidiaries (as borrowers), along with the company, the borrowers, and certain other wholly-owned subsidiaries (as guarantors), entered into a financing agreement with a syndicate of lenders for a term loan facility totaling HK$10.75 billion.
The facility will mature 364 days after the initial drawdown (or the preceding business day if the maturity date falls on a non-business day under the financing agreement). However, the company retains the right to extend the maturity date twice, each time for 24 months, subject to certain conditions being met and without requiring lender consent.