link-mandates-its-hk-dollar-bond-but-leaves-banks-wondering-about-a-potential-dollar-deal

Link mandates its HK dollar bond, but leaves banks wondering about a potential dollar deal

Link Reit mandates BNP Paribas, HSBC and Standard Chartered to lead a multi-tranche Hong Kong dollar bond offering, but opts to shelve any decision on a possible dollar denominated bond offering until a later date.

Hong KongÆs Link Real Estate Investment Trust Link REIT has mandated BNP Paribas, HSBC and Standard Chartered to lead manage a three tranche HK$2.4 billion $308 million bond offering.

HSBC has been awarded the role of sole lead manager and bookrunner on a HK$800 million $100 million three-year, fixed-rate tranche. BNP Paribas and Standard Chartered have been mandated as joint lead managers and bookrunners on a HK$800 million $100 million two-year, fixed-rate tranche as well as a HK$800 million $100 million two-year FRN.

This transaction accounts for less that half of the total amount Link REIT was planning to raise...

¬ Haymarket Media Limited. All rights reserved.

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