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Hong Kong's Pacific Century sets guidance for $100 million 10-year bonds at Treasuries plus 157-162 bps
By Reshmi Basu
New York, Dec. 9 - Pacific Century Insurance Co. Ltd. set price guidance for its $100 million 10-year bond offering (Baa3//A-) to yield 157 to 162 basis points over Treasuries, according to market source.
Lehman Brothers is managing the deal.
Pacific Century, based in Hong Kong, is a life insurance company.
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