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New Issue-Kowloon-Canton Railway Corp sells $750 mln 10-yr sr nt

Mon May 11, 2009 10:32pm IST
 
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 May 11 (Reuters) - Hong Kong government owned
Kowloon-Canton Railway Corp, on Monday sold $750 million of
10-year senior notes in the 144a private placement market, said
IFR, a Thomson Reuters service.
 Citigroup, Deutsche Bank and HSBC were the joint
bookrunning managers for the sale.
BORROWER: KOWLOON-CANTON RAILWAY CORP
AMT $750 MLN     COUPON 5.125 PCT    MATURITY 5/20/2019 
TYPE SR NOTES    ISS PRICE 99.659    FIRST PAY 11/20/2009
MOODY'S Aa3      YIELD 5.169 PCT     SETTLEMENT 5/18/2009
S&P AA-PLUS      SPREAD 195 BPS/     PAY FREQ SEMI-ANNUAL
FITCH N/A         MORE THAN TREAS    NON-CALLABLE       

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