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Published by: Ivey Publishing
Originally published in: 1999
Version: 2009-03-19
Length: 26 pages
Data source: Field research

Abstract

Hutchison Whampoa was considering strategies for its long-term capital structure. The HK$35 billion Hong Kong-based conglomerate had ambitious growth plans in multiple business sectors in different geographies. Traditionally, like many of its domestic peers, Hutchison had relied entirely on short to medium-term bank loans. Its demand for long-term financing, attractive rates in other capital markets (especially the US) and concern about a more diversified investor base had led Hutchison to explore other financing options. In particular, the company was debating the benefits of a Yankee Bond Offering. At the time, Hutchison had already approached Moody''s and Standard & Poor''s for a bond rating. There is a simplified Chinese version available ''9A99NC21''.
Location:
Size:
Large
Other setting(s):
1996

About

Abstract

Hutchison Whampoa was considering strategies for its long-term capital structure. The HK$35 billion Hong Kong-based conglomerate had ambitious growth plans in multiple business sectors in different geographies. Traditionally, like many of its domestic peers, Hutchison had relied entirely on short to medium-term bank loans. Its demand for long-term financing, attractive rates in other capital markets (especially the US) and concern about a more diversified investor base had led Hutchison to explore other financing options. In particular, the company was debating the benefits of a Yankee Bond Offering. At the time, Hutchison had already approached Moody''s and Standard & Poor''s for a bond rating. There is a simplified Chinese version available ''9A99NC21''.

Settings

Location:
Size:
Large
Other setting(s):
1996

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