PCCW plans to sell 10 bln hkd non-core assets to cut debt: report

HONG KONG (AFX-ASIA) - Pacific Century CyberWorks is planning to dispose of about 10 bln hkd worth of non-core assets to reduce its debt, the Ming Pao Daily cited market sources as saying.	    The sources said the debt reduction plan is aimed at securing better credit ratings on the company's financial positions to issue bonds to further repay the debt.	    However, the sources declined to reveal other details about the debt reduction plan.  

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