HK conglomerate to raise $1.5B dollar bonds

By Reuters

Sep 11, 2024 12:16 am

SYDNEY, Australia — Hong Kong conglomerate CK Hutchison is planning to raise up to $1.5 billion in a two-tranche dollar bond deal, according to two sources with direct knowledge of the matter.

The company is looking at issuing a 5.5-year and 10-year dollar bond, a term sheet seen by Reuters on Tuesday showed.

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