Hutchison Whampoa leads new debt charge

Asia''s most dynamic corporate credit is seizing a market opportunity to reduce its borrowing costs.

One of only a handful of Asian borrowers ready, willing, or able to take advantage of shifting market sentiment, Hutchison Whampoa sets off on roadshows for a $1.5 billion 10 and 30 year 144a transaction on Tuesday.

Backed by lead managersĀ Goldman Sachs, JP Morgan and Merrill Lynch, the A3A-rated credit is said to remain flexible about tranche size and will wait to determine investors' response before making a final decision. Two teams have been put together,...

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