China's Hang Lung talks dollar seven-year notes at 240 bps area

By Christine Van Dusen

Atlanta, April 9 - China's LP Finance Ltd. - set talk in the Treasuries plus 240 basis points area for its upcoming offering of dollar-denominated and benchmark-sized notes due in seven years, a market source said.

The notes, guaranteed by Hang Lung Properties Ltd., are part of a $3 billion medium-term note program.

HSBC and JPMorgan are leading the Regulation S deal.

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

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