No rating, no worries for Regal bond return

The Hong Kong-listed hotel group returns to the international bond markets with a $350 million of unrated bonds.
Regal's hotel in Causeway Bay, Hong Kong
Regal's hotel in Causeway Bay, Hong Kong

Hong Kong-listed Regal Hotels International issued a $350 million five-year bond on Wednesday, getting big demand from risk-averse investors despite coming to the market without a rating.

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