Hutch docks euro bond after issuance drought

Li Ka-shing's ports-to-telecoms conglomerate raises €2 billion through the sale of a dual-tranche euro-denominated bond.

Hutch docks euro bond after issuance drought

CK Hutchison Holdings, controlled by Hong Kong billionaire Li Ka-shing, ended an 18-month issuance drought on Tuesday with a 2 billion $2.27 billion euro-denominated bond offering.

The deal marks the first transaction since Hutchison Whampoa and Cheung Kong Holdings were formally merged in March 2015, creating a blue chip conglomerate that operates across ports, telecoms, retail, energy and infrastructure.

For most of the past two decades Hutch has been Asia’s...

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