Wheelock attracts funds with $500 million five-year bond

The unrated property-focused holding company hits sweet spot with five-year tenor.

<div style="text-align: left;"> The Times Square shopping mall in Hong Kong (AFP) </div>

Denise Wee

March 12, 2013

Hong Kong stock exchange-listed Wheelock & Co last night priced its $500 million five-year bond, attracting strong interest from fund managers.

Wheelock & Co is unrated but is perceived to be an investment-grade name. It was founded in Shanghai in 1857 and is headquartered in Hong Kong.

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