Beijing Enterprises plans offering of senior notes

New York, April 27 - Beijing Enterprises Holdings Ltd. said it plans to sell senior notes in the international markets via is wholly owned subsidiary Mega Advance Investments Ltd.

Merrill Lynch, HSBC and Morgan Stanley will be global coordinators for the offering and Credit Suisse and UBS will be joint lead managers.

The notes will be sold under Rule 144A and Regulation S.

Proceeds will be used to repay bank debt and for general corporate purposes.

Beijing Enterprises is a Hong Kong-based conglomerate with operations in gas transmission and distribution, water utilities, brewery operations and toll road operations.

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