Hutchison Whampoa was considering strategies for its structure of capital for the long run. Hutchison Whampoa has adventurist strategies in order to grow in multiple business sectors from different geographical locations. Traditionally, like many of its national peers, Hutchison had relied completely on short to medium-term bank loans.
Its demand for long-term funding, appealing rates in other capital markets (especially the U.S.) as well as its worries related to diversification in its pool of stakeholders, coerced it to look for more funding alternatives. In particular, the business was debating the advantages of a Yankee Bond Offering. At the time, Hutchison had approached Moody's and Standard & Poor's for a bond rating.
Publication Date: 09/30/1999
This is just an excerpt. This case is about Finance
