Hong Kong's Wing Tai Properties launches $1 billion MTN program

By Marisa Wong

Madison, Wis., Nov. 6 - Wing Tai Properties Ltd. announced that its wholly owned subsidiary, Wing Tai Properties (Finance) Ltd., has established a $1 billion medium-term note program.

HSBC and Standard Chartered are the arrangers and dealers.

Proceeds will be used for general corporate purposes.

Wing Tai Properties is a Hong Kong-based property developer.

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