Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

CVC Said to Plan Bank Meeting for City Telecom Loan

CVC Capital Partners Ltd. is holding a bank meeting in Hong Kong June 1 to discuss terms of a HK$2.5 billion loan backing the acquisition of the telecommunications assets from City Telecom (HK) Ltd., according to three people familiar with the matter.

JPMorgan Chase & Co. and Standard Chartered Plc have been hired by CVC to underwrite and arrange the five-year facility, said the people, who asked not to be identified because the details are private. Some banks have been asked to commit the equivalent of about $40 million to $50 million to the loan, another person familiar with the matter said on April 18.

Edward Moore, an external spokesman for CVC at public relations firm Brunswick Group LLP in London didn’t immediately respond to an e-mail seeking comment on the bank meeting.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.