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China’s CK Asset Holdings launches new $5 billion euro MTN program
By William Gullotti
Buffalo, N.Y., Oct. 18 – CK Asset Holdings Ltd. listed a new $5 billion euro medium-term note program, according to an announcement with an appended offering circular on Monday.
Subsidiary CK Property Finance (MTN) Ltd. will be the issuer under the program, and the parent company is the guarantor.
HSBC Corp. Ltd., Merrill Lynch (Asia Pacific) Ltd. and Mizuho Securities Asia Ltd. are the arrangers and dealers.
Listing of the Regulation S program on the Stock Exchange of Hong Kong Ltd. took effect on Oct. 15 and will remain in effect for 12 months.
The development conglomerate is based in Hong Kong.
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