Cheung Kong Infrastructure signs 405 mln aud 5-yr loan note facility

HONG KONG (AFX-ASIA) - Cheung Kong Infrastructure Holdings Ltd said it has signed a loan note agreement with a syndicate of 12 international banks and financial institutions, raising 405 mln aud through a 5-year loan note facility.    In a statement, the facility was priced with a margin of 42 basis points over BBSY.    Proceeds will be used to refinance existing short-term debt on lent to Powercor Australia Ltd in connection with the acquisition of the electricity retail and electricity distribution business of Powercor and for general working capital purposes.

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