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CK Hutchison slips on report of plans to raise $1.5 bln in dollar bonds



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** CK Hutchison 0001.HK slides 1.6% to HK$41.80, on track for the biggest one-day pct slip since Aug. 16

** Port-to-telecom conglomerate is planning to raise up to $1.5 billion in a two-tranche dollar bond deal, according to two sources with direct knowledge of the matter

** Proceeds will be used to pay off debt and for general corporate spending, according to term sheet

** Co did not immediately respond to a request for comment

** CK Hutchison is the fourth biggest pct loser in index tracking conglomerates .HSCIC, which is down 0.7%

** Meanwhile, Hang Seng Commerce and Industry Index .HSNC gains 0.5% and Hang Seng Index .HSI climbs 0.3%

** Stock up 1.6% YTD



Reporting by Donny Kwok

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