Hong Kong Land debuts Singapore dollar offering.

Hong Kong Land Holdings drew strong support for its debutante Singapore dollar bond on Thursday (September 22), pricing an upsized S$700 million ($416 million) offering. Joint leads and underwriters HSBC and DBS opted to accelerate pricing once the book was oversubscribed in order to avoid any adverse effects on the global bond markets resulting from Hurricane Rita, which is expected to hit the US on Saturday.