Hutchison Whampoa : Plans Two-Tranche Euro Bond - Term Sheet
05/30/2012| 04:27am US/Eastern
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Hutchison Whampoa Ltd. (0013.HK, HUWHY) is planning to issuee a two-tranche Euro bond that could price as soon as today, according to a term sheet of the deal.
The bond would carry 5- and 10-year tranches, the document shows. The size of the deal is still unclear.
Barclays, Deutsche Bank and JP Morgan are joint bookrunners on the deal. Hutchison Whampoa is rated A- by Fitch Ratings, A3 by Moody's Investors Service and A- by Standard & Poor's.
-By Natasha Brereton-Fukui, Dow Jones Newswires; +65-6415-4044; natasha.brereton-fukui@dowjones.com
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