SUBSCRIBERS
Sun Hung Kai sells $320m in 7-year fixed rate bonds
Add BT as a preferred sourcePublished Fri, May 9, 2014 · 10:00 PM
Singapore
SUN Hung Kai Properties has sold $320 million in seven-year fixed rate bonds, with investors shrugging off the trial in Hong Kong of its owners for alleged corruption.
The $320 million sale done on Thursday - a privately placed deal to institutional investors - closed in 2.5 hours and was priced at 3.25 per cent, said sources yesterday.
Copyright SPH Media. All rights reserved.
