Hong Kong’s Castle Peak Power launches $2 billion MTN program

By William Gullotti

Buffalo, N.Y., June 11 – Castle Peak Power Co. Ltd. launched a $2 billion medium-term note program, according to a notice.

HSBC Ltd. is the arranger.

Notes will be issued through subsidiary Castle Peak Power Finance Co. Ltd. and guaranteed by the parent company.

Listing of the program on the Stock Exchange of Hong Kong Ltd. is expected to be effective June 15.

The coal-fired power generation and distribution company is based in Hong Kong.

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