Hong KongÆs Link Real Estate Investment Trust Link REIT has mandated BNP Paribas, HSBC and Standard Chartered to lead manage a three tranche HK$2.4 billion $308 million bond offering.
HSBC has been awarded the role of sole lead manager and bookrunner on a HK$800 million $100 million three-year, fixed-rate tranche. BNP Paribas and Standard Chartered have been mandated as joint lead managers and bookrunners on a HK$800 million $100 million two-year, fixed-rate tranche as well as a HK$800 million $100 million two-year FRN.
This transaction accounts for less that half of the total amount Link REIT was planning to raise...