PCCW plans to raise funds to repay debt
September 17, 2010
Hong Kong's PCCW plans to sell HK$1.3 billion worth of new shares to third-party investors to raise capital for repaying debt. The operator intends to sell 500 million new shares (6.88 per cent of its enlarged share capital) at HK$2.6 per share. The move follows a $500 million bond issue in August 2010
Share:
- Most Viewed
- Most Rated
- Most Shared
- Related Articles
- Sterlite Technologies announces results ...
- Margins Under Pressure - Bharti and Idea...
- GTL Limited reports 26 per cent fall in ...
- Sify Technologies Limited reports third ...
- Financial briefs of March 2011
- Rush for Funds - 3G and BWA auctions spu...
- Spice Group plans to raise $ 1 billion t...
- Spice Mobility Limited plans to transfer...
- MTNL posts its results for the first qua...
- Banglalink raises $102 million through c...
No Most Rated articles exists!!
