HK Telecom wires up $500m bond

HK Telecom wires up $500m bond

Hong Kong’s biggest telecommunications company looks to extend its debt-maturity profile and cut overall funding costs with its latest bond offering.
During the Hong Kong Sevens the action on the field is only eclipsed by the contest to win the best VIP box theme.
Neil Kell has resigned after just over one year at the post.
A tour around the Hong Kong Sevens executive boxes 2015
Demand was strong for the Australian petroleum refiner and distributor, with over 150 investors participating in the accelerated block.
The British bank is the latest institution to raise an inaugural additional tier-1 note, obtaining a whopping orderbook size of $22 billion from global accounts.

POLLS

What is the most likely outcome following the plunge in oil prices?




   |   View results
Oil majors will pick up assets on the cheap
  22%
 
Consolidation as small and mid-tier energy groups merge
  50%
 
Bankruptcies, with opportunities for investors to buy distressed assets
  17%
 
Plane tickets will get cheaper - more bankers flying business class
  11%
TOTAL VOTES: 131

 

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