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PCCW's HKT Trust Listing to Raise $1.2 Billion

November 22, 2011

PCCW's telecom business spinoff, HKT Trust, is raising $1.2 billion in an Hong Kong IPO, pricing the deal at the bottom end of an indicative range as global market turmoil dented demand despite the high yield offered.

Source: http://www.cnbc.com/id/45409637?__source=RSS*tag*&par=RSS
 
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