China’s K. Wah International launches $1 billion MTN program

By Marisa Wong

Morgantown, W.Va., May 25 – K. Wah International Holdings Ltd. announced a $1 billion medium-term note program on Wednesday.

Notes will be issued through subsidiary K. Wah International Financial Services Ltd. and guaranteed by the parent company.

BofA Merrill Lynch is the arranger.

Listing of the program on the Stock Exchange of Hong Kong Ltd. is expected to be effective May 27.

K. Wah is a Hong Kong investment holding company with subsidiaries in property development and investment and construction materials.

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