SYDNEY, June 21 (Reuters) - Hong Kong insurer FWD Group

has finalised a $600 million subordinated seven-year

U.S. dollar bond deal, according to a term sheet reviewed by

Reuters.

FWD confirmed in a statement the deal had been carried out.

The bond was priced at Treasuries plus 335 basis points, the

term sheet showed, which was tighter than the initial guidance

given to investors of Treasuries plus 380 basis points.

More than 210 investors lodged $4.3 billion worth of orders

to buy the bonds, said a message to investors sent by the deal's

bookrunners.

Asia-based investors bought 92% of the deal while European,

Middle East and African buyers purchased the remainder, the

message added.

FWD said in an earlier exchange filing the proceeds would be

used to refinance existing debt and for general corporate

purposes.

"We're pleased to secure this refinancing, which underscores

our access to a long-term, diversified investor base," a FWD

spokesperson said on Friday.

The pan-Asian insurance group, controlled by billionaire

Richard Li, has revived plans to list in Hong Kong, Reuters

reported on June 6.