Swire Pacific Ltd. (0019.HK) has priced its $500 million, 10-year at 260 basis points over comparable Treasurys, according to a term sheet seen by Dow Jones Newswires Tuesday.

HSBC and JP Morgan were joint bookrunners on the planned bond.

The terms of the transaction are as follows.

 
Amount:           $500 million 
Maturity:         Feb. 28, 2022 
Coupon:           4.50% 
Reoffer Price:    99.021 
Payment Date:     Feb. 28, 2012 
Spread:           260 basis points over comparable Treasurys 
Debt Ratings:     A3 (Moody's) 
                  A- (Standard & Poor's) 
                  A (Fitch) 
Denominations:    $1,000 
Listing:          HKSE

-By Sarka Halas, Dow Jones Newswires; +44 (0)207 842 9236; Sarka.Halasova@dowjones.com

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