Hutch turns on the tap

The conglomerate prices at the tight end of guidance after a highly unexpected re-entry to the dollar bond markets.
May 13, 2003

Hutchison Whampoa created the largest dollar bond in Asian history yesterday (Tuesday) on the completion of a second tap of its February 2013 bond. The $1 billion re-opening now brings the overall deal size up to $3.5 billion, easily surpassing the Republic of Korea's $3 billion issue due 2008.

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