HKBN (01310) Subsidiaries Secure HK$10.75 Billion Term Loan Facility

Stock News
10/31

HKBN (01310) announced that on October 31, 2025, certain wholly-owned subsidiaries (as borrowers), along with the company, the borrowers, and several 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 is not a business day under the agreement). However, the company retains the right to extend the maturity date twice, each time by 24 months, upon meeting certain conditions without requiring lender consent.

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