Hutch returns to dollar market after contemplating Singapore dollar deal

Hutchison Whampoa, controlled by Hong Kong tycoon Li Ka-shing, priced a $1 billion hybrid early Thursday morning, returning to the US dollar bond market after meetings with Singapore dollar investors last month failed to lead to a deal. DBS and HSBC were arrangers for those meetings and, back in April, it was said to be a “non-deal roadshow”.