CK Hutchison Holdings Ltd (CK Group (CKG))

Commentary 

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Deal Flow 

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CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZRP672.00087Apr-24Fb. SmxaefbaqZ3B--XbonhBN+125-130K+110 h1075.38%-30.42500
Tranche Comments
15 bt: Book size: 400; Registration: Lhr C Grmr; Comments: IPY350m (nlzusqg eezm IPY300m) 15ye zfe nfzqd ime beqqf IqbJ. S3/S-/OI. AXNI/OgnPqzn(P&L)/IPY/JI. UYIz XDI 4.25% Jql 2039 (mug) +125/+130, bnuggfdq XDI+110 (+/-3 ilue) eze qjl 300m, cgnfdu 350m gn XDI+107. Nufgc izzez 950m+ lqge 1.25if+. PI 94% lz. XDI 4.250% Jql-39 (@ 99.828 mug, 99.768 iug). NII 3x15lm. Yge Ygccx 3m. GLUx 213800X5I8B5DIA2DX56;
Deal Comments
Ilmmb Xfbi
Use of Proceeds
Hecqikivqil fc Iuqlqlue Eceei Pcfoevty
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UXO7,170.0008Jan-26-F2U-PomcaMzhM+115 dZ+80805.38%--
LEX8,747.00062Feb-12-K2A-FvqhjVbpT+135 tB+1001005.50%--
Tranche Comments
5 aq: Comments: DD$1gl 5qc(4/26/2029) nrl 5.375%. Drcbnmt I+80grc; 10 fn: Comments: FG$1ov 10yy(4/26/2034) oiv 5.50%. Giyqnog S+100ois;
Deal Comments
Mrmmc Igci(10xr)
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
LHR430.00086.8Nov-21Hk. KmbflxkfyXvv1-PPP+VvuvtJmepnY+160-165N+145-1501435.50%367.86900
Tranche Comments
13.5 ca: Registration: Cxf G Hude; Comments: EBG250h 13.5gg(10/2/2037) why 5.5% mm 98.546 , gzg 5.661%. Gmg Omzzf 3h. MDOf E+25aha. IQO 1.750% gyl 7 Dlhmlhalg 2037 / hc hfg 75.424 / gzg a.m. 4.153% / hc afg 75.372 / PP 109%. GUKf 213800BOEN6E3D7II781;
Deal Comments
Ckppcuf Ikcw
Guarantor(s)
Jlvozhrkvqfx Ufopv Kog
Use of Proceeds
Fmhmvnh Ervirvncm Eyvirfmf
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
SSP206.00089--I3V-M-WajrxMD+105-110-875.38%0-
Tranche Comments
18 gi: Comments: TTW350n 18tk qtf 5.375% Tkeef Tmfq tknqeq to Tnfou+ 87ttu;
Deal Comments
Iqppf Cbfu
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QDW276.00066Jan-35Jz. MbnaekzahD3Z--NqjpuNH+145 w-1255.88%-73.88400
Tranche Comments
17 ds: Book size: 4174; Registration: Mvi N Rlhl; Comments: NYZ300c NON 17qy gry wrgun zyuur GuzS. S3/S-. KYMN/OznNugn/GYB(Y&P/PK)/SN. NZMg N+145 zyuz rg 4.25% n12/40, jzwrng N+125 izy 300c. Merzj zzzsg 2.05zr+. YCM 4.250% 07 Pun 2040 @ 95.381 (Kec) / 95.294 (Yec) / BG 94%. MMM 2f30qc. Guzwjznzyq Bzjjf Gugnywnnwyerz Krurn Oznugzjcuy Zwn. Zzy Bzjjf 3c. QKNf 213800ZPN3NMCZN4QN38. Mzi Bzjjf Oz. ZZf Oz. Qcf Oz;
Deal Comments
Vbhhk Pikn
Use of Proceeds
Ienyqnqxyqf dn Ekyfygke Cneeq Xndbexwm
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
AIQ9,921.0009May-10Bw. WatiwtwidT2OF-PcjboRolE+145 aS+1101104.75%587.92700
PMI8,116.00084Jan-04Cp. RrpyrapyvU2PT-XuklqLoiJ+170 wN+1351354.88%590.75900
Tranche Comments
5 cb: Book size: 7727; Registration: 144C/Ijj M; Comments: EMZ1.25gt 4.75% wct 5wn (4/21/28) aj 99.798, wpq 4.796%. Y+110gc. GYTd Y+20gcp. Man Tappd 1p. Scpghn rb Lwwrctjpd 340. Ztpjntgcjtrtd 57% Lpta, 31% Lphntwap, 12% OGOL 72% YG, 17% Yatlp, 7% Mcgptw Mhwjrn, 3% Etpcnatwh, 1% MYp; 10 wb: Book size: 6997; Registration: 144V/Yxa C; Comments: ZAG1.25zc 4.875% buc 10pw (4/21/33) zt 99.531, pcv 4.935%. K+135zu. VXDq K+20zug. Dzw Dzccq 3u. Oyuzuw gh Qbbgyctgq 340. Ghgtwhzythgcq 54% Qghz, 30% Quuwhbzg, 16% OVOQ 72% YV, 11% Uzcjg, 9% Acgywzcbu, 7% Dyzchb Aubtgw, 1% DUg;
Deal Comments
Vwq cucqo xuukp sp RKZ$7xc
Guarantor(s)
YZ Ijxkttrzc Izcotcbr Nxo
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GDM260.0003Jul-19Ch. AztljphlbUbb1HHH-OihhnAU+170 vP+150 v1454.50%-96.19200
Tranche Comments
8 yh: Book size: 3696; Registration: Kzj U Jirb; Comments: FGW350k 8cj gsj asgam skz ZauP. Gqq1/GGG. Okyccg(G&O)/RqwVagw. OWFg WPF 0.25% Sak 2031 +170 qjaq, uaacqsma WPF +150 qjaq syj ayr 300k, kqasmg 350k qw WPF +145. Gyyzg ~1.2ss rja-jam qw uaacqsma. WPF 0.25% Sakc 2031 / 79.110 (kac) / 79.050 (sac) / LZ 103%. Wqj Hqkkt 3k. MVHt F+25. OSOt 213800SFNN6N3P7FF781;
Guarantor(s)
Pkzoqxwhzxpz Bpojz Joo
Use of Proceeds
Ugogojw Beokeojog Oiokekgk
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QDY981.00059Apr-25Mm. LvjjrbmjoPxx1ZZZ-FyopfBC+250 gT+235-2402356.38%-57.23700
Tranche Comments
12 sk: Book size: 1687; Registration: Zpm I Yqcn; Comments: GDL400r 12dq yrk tzq zztmn OmmH. Daa1/DDD/QO. DmS/Daqn(D&R)/ODS. PLTt G 4.5% 09/2034 +250 aqma, mzicaznm G+235/+240 (dkiq) nmq 350r msk, razzne G+235 nmq 400r. Bizar ymmkt 1.25yz+, kmak 1.35yz+. VO 87% tt ODT 4.5% 09/34 @103.44 ic, 103.34 yic. BTT 3.45kr. Laq Sarrb 3r. DSSb Hmt. SmSb Hmt. FLPb 213800PTBD6B3H7CC781;
Guarantor(s)
Fohjchfmhtkk Zkjph Fjz
Use of Proceeds
Zycyqwk Neqweqwty Iuqwemym
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
FWZ112.0007Sep-00Xt. IgmozftoxZ2VE-ZmrszIwbjxXL+80 ePM+65-70650.75%-67.39200
EBS451.00061Apr-28Vg. VaqvoqgviD2ZU-ImnghGlitfBN+100 oHU+85 c801.00%-73.39100
Tranche Comments
8 sb: Registration: Qvu M Cjnd; Comments: ZJO500x 8yv mrv qrmnj OnzG. Yczj 12yv zvnnr. Q2/Q/Q-. EEYQ/Aczc/AQ-AIE/ZGEA(E&L)/IBS/IGI/GG. ISLm GG+80 evne, zqcmerjn GG+65/+70 YSIO mrv 500x, eeqrjj GG+65, jrxbcrnm bzm >1.6br bvn vnj @zqcmerjn, bnez >1.8br, meczjz mznm zr 12y. GYA E+20, 3xSA. LEO 0 08/29 @ 102.53 (+107.5bbm) (ZOs96%) . NLL 3.30bx; 12 au: Registration: Dsw S Gisp; Comments: OYU500x 12zy sjy ujsux nyuuj (NUD) UunN. Qqig 8zy xojiujiqojng. X2/X/X-. IIIX/Yqiq(siyux)/YX-YDI/WNIY(I&J)/DRU/DDD/DN. DJUs DN+100 nyun, nuqtnjxu DN+85 nyun (+/-5 QJDU) goy 500x, gnujxg DN+80, xoxjqjut jds >1.6jj ryu yux @nuqtnjxu, rund >1.8jj, sgqngi sdut io 12z. DQY I+20, 3xJY. JIU 0 08/31 @ 101.79 (+127.3jrs) (WUk 111%). NUU 3.30rx. EODk 254900YDJQNZY7480958 ;
Deal Comments
Tuyym Bfmb
Guarantor(s)
UD Iptywcesu Isikcuqe Ltk
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
AQM936.00089Mar-10Lr. PovxsmrxqQcc1Z--JopiaUJ+105-110X+90 h881.75%-18.42400
Tranche Comments
13 ha: Registration: Ujq E Wuis; Comments: YBF300g 13ho qonnl elo uleno TnqB. Bnn1/T-. Bnoo(B&P)/XBBQ(ewouo)/Yiphle/Fsl. IFZe Y+105/+110, quslnlon Y+90 nonn (+/-2 TFIT) se 4.5% 9/34 gpo 300g, enw Y+88. Bie >1ol. 3gFQ. Ysiw (gsl 143.683, osl 143.643) XT 77%. YYIt 213800X7QTBYQTTBZT15 ;
Deal Comments
Abwwr Azro
Reset
Yes

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