Equity-linked deal of 2000

Hutchison Whampoa''s $3 billion exchangeable is made FinanceAsia''s equity-linked deal of the year.

The Merrill Lynch-led transaction not only ranks as the stand-out deal in its category, but across the wider capital markets as well. Within the space of its accelerated 10 hour launch period on September 11, the three-year issue managed to completely re-define the Asian equity-linked market and re-shape the kind of pricing levels available to the region's top borrowers.

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