Hutchison returns with HK$3.8 billion refinancing

Arrangers Agricultural Bank of China, Bayerische Landesbank, BNP Paribas, China Construction Bank, Standard Chartered and Sumitomo Mitsui Banking Corp have joined forces to launch the HK$3.8 billion ($487 million) five year refinancing for Hutchison Whampoa. The borrower will be a special purpose vehicle and the deal will carry a guarantee from the parent.