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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: pennywise who started this subject11/29/2001 11:44:49 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
PCCW Mulls Euro Bond Issue to Repay Bank Loans: Paper
Nov 29, 2001 - 10:06:22 HKT
Quamnet News Service
Pacific Century CyberWorks (0008) seeks further issues of debt securities to repay its bank borrowings, the Hong Kong Economic Journal reported. The unsourced report said Salomon Smith Barney plans to arrange a bond issue of a size between 300 million euro and 500 million euro (HK$2 billion to HK$3.4 billion) for PCCW's HKT unit.

In mid-November, PCCW had issued a further US$250 million in 10-year bonds to add to the US$750 million it sold earlier.

quamnet.com
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