| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 500.000 | 5 | Apr-26 | Sr. Unsecured | A2 | A | A- | Fixed | Tsy | T+80 a | T+65 | 65 | 1.50% | 3 | 99.80800 |
| USD | 850.000 | 10 | Apr-31 | Sr. Unsecured | A2 | A | A- | Fixed | Tsy | T+125 a | T+95 | 95 | 2.50% | -4 | 100.00000 |
| USD | 650.000 | 20 | Apr-41 | Sr. Unsecured | A2 | A | A- | Fixed | Tsy | T+130 a | T+100 | 100 | 3.13% | -4 | 98.34600 |
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
Guarantor(s)
CK Hutchison Holdings Ltd
Use of Proceeds
Refinancing and general corporate purposes