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Published on 2/5/2021 in the Prospect News Emerging Markets Daily.

New Issue: China’s Hang Lung sells HK$750 million 2.28% notes due 2027

By Rebecca Melvin

New York, Feb. 5 – HLP Finance Ltd. sold HK$750 million of 2.28% notes due 2027 guaranteed by Hang Lung Properties Ltd., according to a notice of listing.

The notes were issued under the company’s $4 billion medium-term note program via dealer Credit Agricole CIB.

Listing of the notes on the Stock Exchange of Hong Kong Ltd. is expected to become effective on Feb. 8

Hang Lung is a Hong Kong-based real estate company.

Issuer:HLP Finance Ltd.
Guarantor:Hang Lung Properties Ltd.
Amount:HK$750 million
Description:Fixed-rate notes
Maturity:Feb. 5, 2027
Dealer:Credit Agricole CIB
Coupon:2.28%
Announcement date:Feb. 5
Listing date:Feb. 8

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