Sun Hung Kai Properties (Capital Market) plans to issue $10 billion in debt instruments guaranteed by Sun Hung Kai Properties (HKG:0016), its parent company, according to a Tuesday filing with the Hong Kong bourse.
The debts may be issued in multiple tranches with maturities between 30 days and 30 years. There is no preset interest rate, and instruments may be issued with or without an interest rate. Interest rates may be fixed or floating rates.
The debt instruments may be issued in different currencies, which will be with certain restrictions.
Price (HKD): $84.30, Change: $-0.15, Percent Change: -0.18%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments