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HKBN to fully redeem senior notes due 2022 via facility agreement
By Taylor Fox
New York, Nov. 30 – HKBN Group Ltd. plans to redeem all of the senior notes due 2022 issued by Metropolitan Light Co. Ltd., according to a company announcement.
HK$5.5 billion raised by a new facility agreement will be used to repay $548,525,738 of the senior notes and the short-term facility of HKBN.
The Bank of New York Mellon is the trustee.
HKBN is a Hong Kong-based internet, communication and telecommunications company.
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