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Hong Kong Electric pulls 10-year dollar notes; talk was 140 bps area
By Paul A. Harris
St. Louis, Nov. 24 Hong Kong Electric postponed its planned sale of dollar-denominated 10-year bonds due to market conditions on Wednesday, according to a market source.
HSBC, Royal Bank of Scotland and Standard Chartered were leading the deal.
Talk had been for a spread in the area of 140 basis points over Treasuries.
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