Thursday, February 17, 2011

Hutchison Port

Hutchison Port: global roadshows for the US$6b IPO likely to begin Feb 28 and end Mar 11. Mar 18 tipped as a listing date. The joint bookrunners are DBS, Deutsche and Goldman Sachs.
Meanwhile, the co is seeking a US$3b loan, and has invited ~10 banks to participate. Proceeds to be used for working capital and to repay debt and shareholder loans.

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