HK Telecom wires up $500m bond

Hong Kong’s biggest telecommunications company looks to extend its debt-maturity profile and cut overall funding costs with its latest bond offering.
HK Telecom is a subsidiary of billionaire Richard Li Tzar-kai’s PCCW
HK Telecom is a subsidiary of billionaire Richard Li Tzar-kai’s PCCW

Hong Kong Telecom sold a $500 million 10-year bond late on Monday as it pressed ahead with a liability management programme that aims to improve its debt profile and lower its funding costs.

¬ 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