Completed under an accelerated bookbuild yesterday Thursday, the group has added a further HK$1 billion line of paper $128 million to its outstanding HK$2.25 billion deal $289 million. There is also a HK$200 million greenshoe, which could bring the overall deal up to the HK$3.45 billion mark $443 million.
Under the lead management of Credit Suisse First Boston, which has once again underscored a reputation for being the most consistently innovative CB house in Asia, the deal was priced at 101% plus accrued interest 101.57%. All terms remain exactly the same as the original deal of early March, which was priced with a cash coupon of 3.4%,...
