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Guotai Junan launches new $3 billion medium-term note program
By William Gullotti
Buffalo, N.Y., Nov. 3 – China’s Guotai Junan Holdings Ltd. launched a new $3 billion medium-term note program (Baa1), according to notices and an offering circular on Thursday.
Notes issued under the Regulation S program will be guaranteed by Guotai Junan Securities Co., Ltd.
Arrangers and dealers for notes will be Guotai Junan International and Standard Chartered Bank.
Listing for the 12-month program is expected on the Hong Kong Exchange effective Nov. 3.
Guotai Junan is a Hong Kong-based investment holding company.
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