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CK ASSET Issues HKD2B MTNs at Recent Low Rates
CK ASSET (01113.HK) announced its recent issuance of various medium-term notes through the CK Property Finance Medium Term Note Programme (MTNs) totaling over HKD2 billion. They in...
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CK ASSET Issues HKD2B MTNs at Recent Low Rates
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CK ASSET (01113.HK)  -0.150 (-0.427%)    Short selling $22.55M; Ratio 51.048%   announced its recent issuance of various medium-term notes through the CK Property Finance Medium Term Note Programme (MTNs) totaling over HKD2 billion. They include:

- HKD780 million: 3-year fixed rate note of coupon 3.01% and 3-year FRN with coupon Hibor + 36 bps (priced on July 7, 2025)
- HKD1.23 billion: 5-year fixed rate note of coupon 3.33% and 5-year FRN with coupon Hibor + 61 bps (priced on July 8, 2025)

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Gerald Ma, Executive Committee and Finance Committee Member and General Manager, Corporate Business Development Department at CK ASSET, said that the group is very happy about the funding costs for the recent four MTNs, which are probably among the lowest for Hong Kong corporates.

As at December 31, 2024, the group had a net debt to net total capital ratio of approximately 4%. Its strong cash position allows it to explore new opportunities including property developments or also corporate credit opportunities in Hong Kong, Ma added.

The above MTNs are part of the USD5 billion Euro Medium Term Note Program.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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