CLP returns to bonds after long lay-off, gets $4.5bn welcome

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BONDS

CLP returns to bonds after long lay-off, gets $4.5bn welcome

Issue: 1146 - 18 March 2010

Keywords: clp, china light & power, shinhan, towngas, kcrc

Hong Kong electricity company CLP Power launched a heavily oversubscribed $500m 10 year bond at the end of last week, showing the strength of demand for Asian credits in a deal that bankers said could have been much larger without shifting pricing. ..

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