Hutch's second coming

The diversified conglomerate has successfully re-positioned itself in the international debt markets for the first time since 1997.
February 13, 2001
The A3A rated credit has repeated its trick of blazing a trail for itself with a mammoth offering that creates one of the most liquid benchmarks in the Asian credit markets. The group's $1.5 billion 10-year transaction marks the largest single tranche issue from a corporate in the region and also now ranks equal second with the Federation of Malaysia as the region's single largest behind the Republic of Korea's $3 billion line due 2008.

Ever keen that any of its deals be viewed as an unequivocal success, Hutchison also made a strategic decision to abandon plans for a 30-year tranche after investors failed to deliver...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222