The Times Square shopping mall in Hong Kong (AFP)
Hong Kong stock exchange-listed Wheelock Co last night priced its $500 million five-year bond, attracting strong interest from fund managers.
Wheelock Co is unrated but is perceived to be an investment-grade name. It was founded in Shanghai in 1857 and is headquartered in Hong Kong.
Wheelock holds a 51% stake in Hong Kong-listed Wharf Holdings, a major Hong Kong landlord whose assets include prime retail real estate landmarks Times Square and Harbour City. Wharf is rated, but its...