Investors pile into Henderson Land's $300 million tap

Riding on investors' warm response to Wheelock’s $400 million debut bond, Henderson returns with a $300 million tap.

Investors pile into Henderson Land's $300 million tap

Hong Kong companies continue to rush to the bond markets as banks cut back on lending in the region. The latest addition is Henderson Land, which closed a $300 million tap of its recent $400 million 4.75% notes due 2017 on Wednesday night, nearly doubling the original deal size.

The company took advantage of buoyant investor demand to raise slightly more than the $200 million to $250 million deal size that the leads DBS Bank,...

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