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Technology Stocks : Pacific Century CyberWorks (PCW, PCWKF) -- Ignore unavailable to you. Want to Upgrade?


To: high.hopes who wrote (445)2/25/2000 1:09:00 AM
From: ms.smartest.person  Read Replies (1) | Respond to of 4541
 
PCCW <1186.HK> plans HKT statement, lines up banks
11:00 25-FEB-2000
HONG KONG, Feb 25 (Reuters) - Pacific Century CyberWorks Ltd said on Friday it requested the trading suspension in its shares in order to make a statement in relation to its merger proposal with Cable & Wireless HKT <0008.HK>.

Banking sources in Hong Kong also said PCCW has lined up four banks to provide a bridging loan to back its acquisition.

Bank of China, BNP Hong Kong, HSBC and Barclays Capital are expected to provide a loan in the region of US$10 billion to support PCCW's bid, but sources close to the deal said the final amount of the loan had not yet been set.

finet.com.hk

Think your post was more recent than mine.. but anyway, finally some news.



To: high.hopes who wrote (445)2/25/2000 2:57:00 AM
From: Peny  Read Replies (1) | Respond to of 4541
 
High.Hopes: I wrote you a post on the RB PCCLF board but maybe you didn't see it since that board is running a huge amount of messages each day now.

You mentioned the RB Asianvent board -- could you please tell me how to locate this on RB? I really appreciate this -- I learn a lot from your posts here and on RB, btw, and am grateful for your posting.

Thanks --

Peny