Pacific Century CyberWorks (PCW, PCWKF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Pacific Century CyberWorks (PCW, PCWKF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext

To: ms.smartest.person who wrote (4540)	6/18/2001 7:04:55 PM
From: ms.smartest.person	of 4541

CyberWorks-Telstra Unit to Sell Up to $1 Bln of Bonds (Update1) By Kate Linebaugh Hong Kong, June 18 (Bloomberg) -- Reach Ltd., a cable infrastructure company owned by Pacific Century CyberWorks Ltd. and Telstra Corp., plans to sell between $500 million and $1 billion of bonds, the International Financing Review reported, citing unidentified bankers. J.P. Morgan Chase & Co. is the credit-rating adviser for the company and is expected to win the mandate to sell the 10-year bonds, the report said, citing rival bankers. The sale is expected to be completed by the end of the year or early next year, the report said. The venture between Hong Kong's biggest phone company and Australia's largest telecommunications company is raising debt to help refinance a $1.5 billion loan. Reach spokesman Craig Leeson declined to comment on the story. (International Financing Review, 6-16, p. 17.) quote.bloomberg.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext