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| | Cheung Kong Issues HK$500 Million Equity-Linked Bond |
 | | Cheung Kong (Holdings) Limited, the Hong Kong property firm of billionaire Li Ka-shing, has announced the launch of a 30-month equity-linked note, the third retail issue under Cheung Kong's HK$10 billion (US$1.28 billion) Retail Note Issuance Programme. |
 | | The coupons will be calculated according to the best performing stock, subject to a maximum of 8% and a minimum of 0% of the principal invested, and will offer a maximum coupon of 25.38% over the two and a half years. |
 | | Commenting on the launch, Mr Edmond Ip, Executive Director of Cheung Kong (Holdings) Limited, said: "The structure of the HKD equity-linked note is extremely attractive, offering investors high returns through a combination of a fixed coupon and growth potential of the Cheung Kong Group’s four blue chip companies.” |
| www.companiesinc.com /business-newsletter-18622.html (311 words) |
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