Huawei Tech. Investment announced the successful signing of USD1.5 billion equivalent 5-year term loan .
With this new breath, Huawei can envision in serenity its future. In fact
since yesterday, Connectikpeople has observed that, Huawei continues to diversify
its financing channels to maintain their financial flexibility, with the final
goal to boost its efforts, accelerate business and to create value for his customers
around the world.
The data nabbed by Connectikpeople show that, the Dual-currency Facilities
comprise a USD750 million equivalent term loan, and a USD750 million equivalent
revolving credit facility, which are available in both USD and EUR with the EUR
tranche capped at
EUR300 million. Proceeds of the Facilities will be used to finance the general corporate purposes of the Company and / or to refinance the existing indebtedness of the Company and Huawei International. The Facilities marks the first time that the Company has raised a dual currency syndicated facility in line with its significantly growing global presence and, in particular, its strategic expansion plan in Europe.
EUR300 million. Proceeds of the Facilities will be used to finance the general corporate purposes of the Company and / or to refinance the existing indebtedness of the Company and Huawei International. The Facilities marks the first time that the Company has raised a dual currency syndicated facility in line with its significantly growing global presence and, in particular, its strategic expansion plan in Europe.
This strong support received is conducted by international banks like: Australia and New Zealand Banking Group
Limited, Citigroup Global Markets Asia Limited, Citibank, N.A., Hong Kong
Branch and/or any affiliate thereof (together, "Citi"), DBS Bank
Ltd., The Hongkong and Shanghai Banking Corporation Limited, Standard Chartered
Bank (Hong Kong) Limited and Sumitomo Mitsui Banking Corporation.
The Bank of Tokyo-Mitsubishi UFJ, Ltd., Hong Kong Branch, The Royal Bank of
Scotland plc, Hong Kong Branch, BBVA S.A., Malayan Banking Berhad, Mizuho Bank,
Ltd., National Australia Bank Limited, ING Bank N.V. and Oversea-Chinese
Banking Corporation Ltd. joined the transaction as Mandated Lead Arrangers.
Mega International Commercial Bank Co., Ltd., Offshore Banking Branch and DNB Bank
ASA joined as Lead Arrangers, and CTBC Bank Co., LTD., Fubon Financial Holding
Co., Ltd., United Overseas Bank Limited and Westpac Banking Corporation joined
as Arrangers.