Li & Fung perpetual defies crowded market

The Hong Kong-listed supply chain manager prints an upsized $650 million perpetual non-call five bond, after attracting more than $4.4 billion of orders.

Supply chain manager Li & Fung returned to the international bond markets for the first time in four years, issuing an upsized perpetual non-call five bond thanks to frenzied demand.

¬ Haymarket Media Limited. All rights reserved.

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