Funding secured for HTA. The following was advised to the ASX...

Funding secured for HTA. The following was advised to the ASX this morning:


Hutchison Secures $1.5 Billion Bank Loan Facility for 3G Business
Hutchison Telecommunications (Australia) Limited (Hutchison), today announced its subsidiary
Hutchison 3G Australia Pty Limited (H3GA) had successfully secured a five year loan facility of
$1.5 billion from a syndicate of major local and international banks.
The competitively priced Australian dollar facility will be used for refinancing H3GA’s current
short-term bilateral arrangements and for general working capital requirements.
The facility is fully guaranteed parent company Hutchison Whampoa Limited (HWL), which holds
57.82% interest in Hutchison.
David Dyson, Hutchison’s Chief Financial Officer said “the support the company is receiving from
financial institutions as well as our major shareholder is extremely pleasing.
“It reflects a recognition of the company’s fundamental strengths and the opportunities to be
realised from our growing position in the Australian mobile market.
"This facility, in conjunction with existing funding and equity arrangements fully covers
Hutchison's anticipated peak funding requirement of the 3G business