Fully booked: Regal Hotels seals $350m note

Hotel Check In
By Rashmi Kumar
14 Jul 2016

Hong Kong’s Regal Hotels International Holdings executed a swift dollar trade this week, getting in and out of the market in just three days. Despite being unrated and with few comparables offering guidance, the firm managed to slash pricing by 30bp and found plenty of support.

Issuer RH International Finance first mandated AMTD, ANZ, China Everbright Bank and HSBC as joint global co-ordinators and joint bookrunners for a Reg S senior note on Monday. It then held investor meetings in Hong Kong on Tuesday, while simultaneously holding conference calls with fixed income accounts ...

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