Wharf REIC Finance renews $5 billion medium-term note program

By William Gullotti

Buffalo, N.Y., July 7 – Wharf REIC Finance (BVI) Ltd. relaunched its $5 billion medium-term note program on Thursday, according to an offering circular listed on Friday.

Parent company Wharf Real Estate Investment Co. Ltd. will guarantee notes issued under the Regulation S program.

HSBC is still the program arranger, also reprising its role as a dealer with all four prior dealers, Bank of China (Hong Kong), DBS Bank Ltd., Mizuho Securities and SMBC Nikko.

Deutsche Bank AG, via its Hong Kong and Singapore branches, is the fiscal agent, paying agent, transfer agent, calculation agent, CMU lodging and paying agent, CDP paying agent and registrar.

Deacons and Ogier are counsel to the issuer and guarantor, with Linklaters advising the dealers.

The renewed 12-month program became effective on the Hong Kong Exchange on July 6.

Wharf is a Hong Kong-based conglomerate with businesses in property investment and development, communications, media and entertainment.

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