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KCRC announces a return to the HK bond market.

Hong Kong's second largest rail company, KCRC, has confirmed that it is looking to return to the Hong Kong dollar bond market for the first time since 1985. It is planning to issue HK$1 billion worth of bonds in May and has appointed HSBC to arrange the sale.

The current climate is very favourable for a new bond issue, says Jeffrey Cheung, deputy director of finance at KCRC in an interview with at the sidelines...

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