China’s Huarong Leasing lines up $1 billion medium-term note program

By Sarah Lizee

Olympia, Wash., June 15 – Huarong Leasing Management Hong Kong Co. Ltd. has applied to list a $1 billion medium-term note program, according to a listing notice on the Stock Exchange of Hong Kong Ltd.

The program will be unconditionally and irrevocably guaranteed by or have the benefit of a keepwell and asset purchase deed provided by China Huarong Financial Leasing Co., Ltd.

The arranger and dealer is Standard Chartered Bank.

The program will be available for a period of 12 months from June 15.

Listing is expected for June 16.

China Huarong provides financial leasing services and is based in Hangzhou, China.

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