Hong Kong Electric guides dollar benchmark 10-year notes at Treasuries plus 115 bps area

By Christine Van Dusen

Atlanta, April 21 – Hong Kong Electric Holdings Ltd. set talk in the Treasuries plus 115 basis points area for a dollar-denominated offering of benchmark-sized notes due in 10 years (expected rating: A-), a market source said.

BofA Merrill Lynch, BNP Paribas, HSBC and Mizuho Securities are the bookrunners for the Regulation S deal.

The proceeds will be used for general corporate purposes.

The issuer is an energy company.

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