Sun Hung Kai launches landmark $400m bond
The property group sold Asia’s first callable bond with a floating rate reset, addressing investor concerns in a rising interest rate environment.
February 19, 2014
Hong Kong is renowned for the concentration of wealth among a tight group of powerful tycoons. Their business interests are wide-ranging, extending to the gaming and entertainment industries in Macau, but property development and investment are central to most of their fortunes.
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