By William Gullotti
Buffalo, N.Y., March 28 – Hong Kong Mortgage Corp. Ltd. sold HK$200 million of one-year floating-rate notes under its $30 billion medium-term note program, according to a listing notice with an appended pricing supplement on Thursday.
The notes will bear interest at three-month Hibor, without adjustment, paid quarterly.
Credit Agricole CIB, Hong Kong Branch is the dealer.
Listing for the Regulation S notes is expected on the Hong Kong Exchange effective March 28.
Hong Kong Mortgage is a government-controlled buyer of home loans.
| Issuer: | Hong Kong Mortgage Corp. Ltd.
|
| Amount: | HK$200 million
|
| Issue: | Floating-rate notes, series M1_487
|
| Maturity: | March 27, 2025
|
| Dealer: | Credit Agricole CIB, Hong Kong Branch
|
| Counsel to issuer: | Clifford Chance (England, Hong Kong)
|
| Counsel to underwriters: | Allen & Overy (England)
|
| Coupon: | Three-month Hibor flat
|
| Price: | Par
|
| Pricing date: | March 22
|
| Issue date: | March 27
|
| Listing date: | March 28
|
| Distribution: | Regulation S
|
| ISIN: | HK0001003737
|
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