Shun Tak re-opens unrated market with debut bond

The company's $400 million bond offering leads to speculation that the company may soon win approval for its Harbour Mile residential project.
<div style="text-align: left;"> Macau Tower, managed by Shun Tak </div>
<div style="text-align: left;"> Macau Tower, managed by Shun Tak </div>
March 04, 2013

Macau conglomerate Shun Tak issued a $400 million seven-year debut bond late last week, helping to re-open the market for unrated paper after the lunar new year break.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media