Oct. 24 (Bloomberg) -- Sun Hung Kai Properties (Capital Markets) Ltd. sold $500 million of debt, according to a person with knowledge of the deal.
The five-year bonds carried a coupon of 3.5 percent, according to the person, who declined to be identified because the matter is private. The extra yield investors demanded to hold the bond rather than similar-maturity government bonds was 245 basis points, the person said.
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