Hong Kong's Mass Transit Railway Corporation MTR has become the latest big issuer to try its hand in the local debt market this year, with a HK$2.35 billion $300 million deal via HSBC.
The deal was split into three fixed rate tranches with maturities of three, five and seven years. The HK$850 million three-year piece carries an annual coupon of 5.35%, the HK$1 billion five-year notes came in at 5.83% and the HK$500...