China’s Guangzhou Metro sets up $3 billion medium-term note program

By Rebecca Melvin

New York, Sept. 4 – Guangzhou Metro Investment Finance (BVI) Ltd. is listing a $3 billion medium term-note program on the Hong Kong Stock Exchange, according to a company announcement.

Notes issued under the program, which is being established for a period of one year, are guaranteed by Guangzhou Metro Investment Finance (HK) Ltd.

Bank of Communications and GF Securities are the arrangers and dealers of the program, which is expected to become effective on Sept. 7.

The passenger transit services company is based in Guangzhou, China.

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