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WTT�s Debut USD 670 Million Senior Notes Offering is Awarded �The Best High Yield Bond� by The Asset

HONG KONG, CHINA -�Media OutReach�- 30 January 2019
-
WTT Investment Limited, which conducts its
business through its wholly owned subsidiary WTT HK Limited, co-owned by joint
shareholders MBK Partners and TPG Capital, was honoured at The Asset Triple A
Country Awards 2018 ceremony run by acclaimed financial magazine The Asset, winning "The Best High Yield
Bond" of Hong Kong Region for its debut USD 670 million senior notes offered in
November 2017.



Agnes Tan, Vice President, Legal, Regulatory & Carrier Affairs (left); Vincent Ma, CEO (2nd from left) and Almira Chan, CFO (3rd from right) of WTT received the Best High Yield Bond award from The Asset magazine for WTT's debut senior notes offering, together with representatives from the Joint Global Coordinators Citigroup, HSBC and Standard Chartered Bank.


The debut international capital markets offering, which received strong
response from investors in Asia, Europe and the United States, was regarded by
the award's judging panel as the "First
financial sponsor-owned Hong Kong company high-yield transaction since 2013
".
The Notes is now listed on the Singapore Exchange Securities Trading Limited
(the "SGX-ST").

The
offering was also noteworthy as being:

  • The first rated Hong
    Kong telecom high yield bond offering in over a decade
  • Largest-ever bond
    market debut by a local Hong Kong high yield corporate
  • Largest local Hong Kong
    high yield corporate bond in over a decade

Representatives
from Citigroup, HSBC and Standard Chartered Bank, the Joint Global Coordinators
on the transaction, had joined WTT at the award ceremony to celebrate the achievement.

The Asset's annual Triple A
recognition is in its 20th year representing the industry's most
prestigious awards for banking, finance, treasury and the capital markets,
based on stringent selection criteria plus views and comments from carefully
selected issuers and investors in Asian regions.

ABOUT WTT HK
Limited


Formerly known as
Wharf T&T Limited and acquired by MBK Partners and TPG Capital in 2016, WTT
is the only
enterprise-focused
fixed telecommunication services operator with significant fixed line
infrastructure in Hong Kong. WTT has already invested over HK$7 billion in its
network to create a leading fibr
e-optic end-to-end network in Hong Kong covering more
than 5,
500 commercial
buildings. Together with a robust in-house service engine offering a
comprehensive range of ICT products and bespoke services, WTT is a trusted
partner of its diverse base of over 5
7,000 business customers serving their mission
critical needs. For more information about WTT, please visit
www.wtthk.com.

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