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Hong Kong's Wharf whispers benchmark 10-year bond at mid-200 bps area
By Christine Van Dusen
Atlanta, April 19 - Hong Kong's Wharf Finance Ltd. whispered its planned dollar-denominated issue of benchmark-sized notes due 2021 at the Treasuries plus mid-200 basis points area, a market source said.
UBS is the bookrunner for the Regulation S transaction, which is guaranteed by parent company Wharf (Holdings) Ltd.
Proceeds will be used for general corporate purposes.
Wharf is a property and infrastructure developer based in Hong Kong.
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