Jardine Matheson raises $1.2bn from debut bond

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By Morgan Davis
31 Mar 2021

Hong Kong conglomerate Jardine Matheson Holdings made its entrance to the dollar market with a dual tranche transaction on Tuesday, part of the group's efforts to delist one of its units.

The deal was split between an $800m 10 year bond an a $400m 15 year note.

The A1/A+ rated Jardine Matheson, one of Hong Kong's oldest companies, has made headlines recently for its plans to delist Jardine Strategic Holdings. The buyout, which would cost $5.5bn, is designed to ...

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