Wharf REIC seals $750m dual-tranche deal

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Wharf REIC seals $750m dual-tranche deal

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Hands giving money US dollars on blue background | Iulia Nemchinova MF/millaf - stock.adobe.com

Hong Kong's Wharf Real Estate Investment Company (Wharf REIC) raised $750m from a dual-tranche bond on Tuesday. The issuer was able to take more than it initially intended, while paying a small new issue premium.

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