Hong Kong's Wharf Finance postpones offering of 10-year notes

By Christine Van Dusen

Atlanta, April 25 - Hong Kong's Wharf Finance Ltd. has postponed its planned benchmark-sized dollar-denominated offering of 10-year notes (//A-), a market source said.

Details were not immediately available on Monday.

UBS was the bookrunner for the Regulation S-only notes, which were whispered at the Treasuries plus mid-200 basis points area.

Proceeds were to be used for general corporate purposes.

Wharf is a Hong Kong-based property and infrastructure developer.

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