Towngas on the road for 10 year money
Hong Kong & China Gas looked to be on track to print a benchmark sized bond this week after releasing guidance of 250bp over Treasuries for a 10 year note. Towngas, as it is better known, wraps up the US leg of its roadshow today and is also testing appetite for a 30 year tranche. Read EuroWeek on Friday to find out if it was able to make the long bond stick and for a full reaction.
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