Q&A: Hong Kong Broadband Network

Ni Quiaque Lai, CFO of Hong Kong Broadband Network, talks to CT about the art of managing debt after its HK$5.2 million MBO.

By I-Ching Ng

Jul 16, 2012

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Q: The management buyout in May was intended to fund your parent company City Telecom (HK) Limited’s new multimedia venture. It consists of a HK$2.65 billion capital injection from CVC Capital Partners and a syndicated loan of HK$2.5 billion. How do these developments and managing this debt change your operation?

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