Hong Kong’s Wharf launches $5 billion medium-term note program

By Marisa Wong

Madison, Wis., Sept. 10 – Wharf (Holdings) Ltd. announced a $5 billion medium-term note program arranged by HSBC.

Wharf is the guarantor of and an issuer under the program. Other issuers include Wharf Finance (BVI) Ltd., Wharf Finance Ltd., Wharf Finance (BVI) No. 1 Ltd., Wharf Finance (No. 1) Ltd. and Wharf MTN (Singapore) Pte. Ltd.

Wharf said it has applied to list the MTN program on the Stock Exchange of Hong Kong Ltd. Listing is expected to become effective on Thursday.

Notes may be issued under the program within 12 months.

Wharf is a Hong Kong-based conglomerate with businesses in property investment and development, communications, media and entertainment.

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