Hutchison Whampoa is considering a long-term strategy of the capital structure. HK $ 35 billion Hong Kong-based conglomerate had ambitious plans for growth in the different business sectors in different geographic regions. Traditionally, like many of his peers domestic, Hutchison was based solely on short-and medium-term bank loans. His demand for long-term financing, the attractive prices of other capital markets (especially the U.S.), as well as concern over a more diversified base of investors led Hutchison, to explore other financing options. In particular, discusses the benefits of the bond placement Yankees. At the time, Hutchison has already approached Moody `s and Standard & Poor's for the bond rating." Hide
by Andrew Karolyi, Larry Wynant, Jeff Cram, Peter Yuan Source: Richard Ivey School of Business Foundation 26 pages. Publication Date: September 30, 1999. Prod. #: 99N021-PDF-ENG