Hongkong Land brings rare corporate benchmark

Hong Kong property group returns to the international debt markets for the first time since 2001.
April 21, 2004

Joint leads HSBC and JPMorgan priced an upsized $500 million issue for Hongkong Land yesterday (Wednesday). The 10-year deal came at the tight end of revised guidance despite having to battle against the prevailing negative winds of Alan Greenspan's latest remarks concerning interest rates.

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