CK Hutchison International (21) Ltd (CKHUH) 2021-2

USD500.0005Apr-26Sr. UnsecuredA2AA-FixedTsyT+80 aT+65651.50%399.80800
USD850.00010Apr-31Sr. UnsecuredA2AA-FixedTsyT+125 aT+95952.50%-4100.00000
USD650.00020Apr-41Sr. UnsecuredA2AA-FixedTsyT+130 aT+1001003.13%-498.34600
Tranche Comments
5 yr: Book size: 1200; Registration: 144A/Reg S; Comments: US$500m 1.50% cpn 5-year(4/15/26) at 99.808, yld 1.54%. Spread: T+65bp. MWC T+10bp; 10 yr: Book size: 2000; Registration: 144A/Reg S; Comments: US$850m 2.50% cpn 10-year(4/15/31) at 100.00, yld 2.50%. Spread: T+95bp. MWC T+15bp; 20 yr: Book size: 1500; Registration: 144A/Reg S; Comments: US$650m 3.125% cpn 20-year(4/15/41) at 98.346, yld 3.238%. Spread: T+100bp. MWC T+15bp;
Deal Comments
Active Bookrunners: CTI(B&D), BAM, DEU, GSC. Passive Bookrunners: SCO, DBS, SMB
CK Hutchison Holdings Ltd
Use of Proceeds
Refinancing and general corporate purposes