‘Standard’ Hutch bond deal raises $1.5 billion

But in a departure from its usual style, Hutchison Whampoa adds Bank of America Merrill Lynch and Citi as bookrunners alongside house banks Goldman Sachs and HSBC.

Hutchison Whampoa, controlled by Hong Kong tycoon Li Ka-shing, hit the market running early this week with a $1.5 billion dual-tranche bond. The deal was announced on Monday, beating a heavy supply pipeline of Asian dollar bonds.

¬ Haymarket Media Limited. All rights reserved.

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