By Marisa Wong
Los Angeles, May 27 – Henderson Land Development Co. Ltd. subsidiary Henderson Land MTN Ltd. priced $300 million of 2 3/8% notes due 2025, according to a notice on Wednesday.
The notes are guaranteed by Henderson Land Development and were issued under the company’s $5 billion medium-term note program.
Bank of China (Hong Kong), BOC International, DBS Bank Ltd., Daiwa Capital Markets Singapore Ltd. and Mizuho Securities are joint bookrunners and joint lead managers for the Regulation S offering.
Listing of the notes on the Stock Exchange of Hong Kong Ltd. is expected to take effect on May 28.
Henderson Land is a Hong Kong-based property company.
| Issuer: | Henderson Land MTN Ltd.
|
| Guarantor: | Henderson Land Development Co. Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | $300 million
|
| Maturity: | 2025
|
| Bookrunners: | Bank of China (Hong Kong), BOC International, DBS Bank Ltd., Daiwa Capital Markets Singapore Ltd. and Mizuho Securities
|
| Coupon: | 2 3/8%
|
| Pricing date: | May 20
|
| Listing date: | May 28
|
| Distribution: | Regulation S
|
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