HK Telecom wires up $500m bond

Hong Kong’s biggest telecommunications company looks to extend its debt-maturity profile and cut overall funding costs with its latest bond offering.
HK Telecom is a subsidiary of billionaire Richard Li Tzar-kai’s PCCW
HK Telecom is a subsidiary of billionaire Richard Li Tzar-kai’s PCCW

Hong Kong Telecom sold a $500 million 10-year bond late on Monday as it pressed ahead with a liability management programme that aims to improve its debt profile and lower its funding costs.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media