Hutch hits market for sixt

The conglomerate prices through its funding targets with Asia''s largest ever re-opening.

Hutchison Whampoa showed a return to form yesterday Tuesday with a successful re-opening of its February 2013 bond. The $1 billion deal not only represents Asia's largest ever re-opening, but also now becomes the biggest single tranche issue traded in the Asian market. At a total issue size of $2.5 billion, it just pips an outstanding $2 billion bond by Petronas.

On a global basis it is extremely rare to see a corporate borrower attempt a tap of...

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