AsiaSat secures $250 million loan facility

Asia Satellite Telecommunications has secured a $250 million loan facility from 19 banks to finance two new satellite projects.

Elaine Leong

November 24, 2000

Asia Satellite Telecommunications Company (AsiaSat) has signed a five year, $250 million syndicated loan facility with 19 Hong Kong and international financial institutions. HSBC Investment Bank Asia is the sole coordinating arranger of the facility. Lead arrangers include HSBC, Hang Seng Bank, Bayerische Landesbank Girozentrale, Bayerische Hypo- und Vereinsbank, Commerz (East Asia) Ltd, CITIC Ka Wah Bank, NBI Capital Bank and Credit Lyonnais.

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