CKI perpetual

CKI flies under radar with $300 million privately placed perpetual

Cheung Kong Infrastructure sells a $300 million hybrid, with the asset management arms of Goldman and J.P. Morgan assumed to be big buyers.

<div style="text-align: left;"> Cheung Kong's Hong Kong headquarters, next to Bank of China </div>

Denise Wee

February 20, 2012

Cheung Kong Infrastructure (CKI) quietly priced a $300 million perpetual bond on Thursday evening, after a delay of close to a week as the company had earlier faced technical issues surrounding its hybrid listing on the Luxembourg Stock Exchange.

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