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'SAMENA Daily' - News

Hong Kong Telecom opens books for 10-year dollar bond

Hong Kong Telecom is marketing a US dollar 10-year bond to yield around 195bp over US Treasuries.

The Reg S bond is expected to score ratings of Baa2 from Moody's and BBB from Standard & Poor's.

The issuer of notes will be HKT Capital No 2 Limited and the guarantors will be HKT Group Holdings Limited and Hong Kong Telecommunications.

Bank of America Merrill Lynch, HSBC and Mizuho are co-ordinatoring bookrunners. They are also joint bookrunners with ANZ, Deutsche Bank, Morgan Stanley and Standard Chartered.



Source: http://www.reuters.com/article/2015/03/30/asia-bonds-idUSL3N0WW1H120150330

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