Moms and Pops buy into HK's tunnel deal

Retail demand tops HK$7bn for HK''s landmark tunnel securitization.

The Hong Kong government has priced the retail portion of its landmark tunnel securitization. The HK$2.47 billion $317 million of notes on offer to the public are divided into three tranches and will be listed on the stock exchange.
The HK$880 million three-year notes pay a coupon of 2.75% and are priced at 98.87%. The HK$800 million five-year notes pay a coupon of 3.6% and are priced at 97.9%. The HK$790 million seven-year notes pay...

To continue reading, please login or register for free

Click for more on: moms | pops | buy | hks | tunnel | deal

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...