Hutchison Whampoa unit as watson is calling for a HK$15bn (US$1.94bn) financing to repay a shareholder loan, a month after the health and beauty retailer announced the sale of a stake to Singapore investor Temasek Holdings. Hutch, part of tycoon Li Ka-shing's business empire, said in March that part of the proceeds from the stake sale would be used to pay a special dividend to shareholders. The HK$15bn three-year bullet loan will carry a margin of 85bp over Libor, making it one of the lowest priced facilities in Hong Kong this year.
展开▼
