Hutch continues buyback trend as tenders lift credit ratings

21 May 2009

Hutchison Whampoa, the Hong Kong conglomerate, said late last week it wanted to buy back another $1.5bn of its outstanding dollar bonds, only seven days after launching another offer of the same size.

The A3/A-/A- rated company made a tender offer for $750m of its 5.45% 2010 bonds ...

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