Copyright © 2024 Swire Pacific Limited. All rights reserved.
28 Aug 2001
Swire Finance Limited HKD5,000 Million Revolving Credit / Term Loan Facility Guaranteed by Swire Pacific Limited


Swire Pacific Limited is pleased to announce the successful conclusion of a HKD5,000 million revolving credit / term loan facility (the "Facility" ) for Swire Finance Limited, a wholly owned subsidiary of Swire Pacific Limited. The Facility is jointly arranged by BOCI Capital Limited, The Hongkong and Shanghai Banking Corporation Limited and Standard Chartered Bank (the "Coordinating Arrangers"). Due to strong response from the banking community, the facility was over subscribed and there will be no general syndication.

The Facility is fully guaranteed by Swire Pacific Limited and will be available for drawdown on a revolving basis until thirty six months after the date of the Facility Agreement, which will then be converted into a term loan facility. The proceeds of the Facility will be used for general corporate funding requirements of the Swire Pacific group.

The composition of the bank syndicate for the Facility is as follows:



Institution   Final Allocated Underwriting
Commitment & Final Allocated
Participating Amount
Senior Lead Managers
Bank of China, Hong Kong Branch
The Hongkong and Shanghai Banking Corporation Limited
Standard Chartered Bank
  HK$600,000,000
HK$600,000,000
HK$600,000,000
Arrangers & Lead Managers
The Bank of Tokyo-Mitsubishi, Ltd.
Commerz (East Asia) Limited
Hang Seng Bank Limited
Industrial and Commercial Bank of China (Asia) Limited
Mizuho Financial Group (DKB , IBJ)
Sumitomo Mitsui Banking Corporation
UFJ Group (Sanwa Bank / Tokai Bank)
WestLB
Total      
HK$400,000,000
HK$400,000,000
HK$400,000,000
HK$400,000,000
HK$400,000,000
HK$400,000,000
HK$400,000,000
HK$400,000,000
HK$5,000,000,000