Li Ka-shing's CKI upsizes perpetual bond
Infrastructure group takes advantage of low rates to lock in long-term funding.
February 22, 2016
On Thursday a consortium led by Li Ka-Shing’s company Cheung Kong Infrastructure emerged as the winning bidder in an auction for Electricite de France (EDF)’s electricity distribution networks in the United Kingdom. The networks service around 7.8 million customers and provide around a quarter of electricity power in the UK.
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