By Marisa Wong
Los Angeles, June 11 – Henderson Land Development Co. Ltd. subsidiary Henderson Land MTN Ltd. priced $200 million of additional 2 3/8% notes due 2025, according to a notice on Thursday.
The notes will be consolidated and form a single series with the $300 million of 2 3/8% notes due 2025 issued on May 27.
The notes are guaranteed by Henderson Land Development and were issued under the company’s $5 billion medium-term note program.
Mizuho Securities, Bank of China (Hong Kong), BOC International, DBS Bank Ltd. and Daiwa Capital Markets Singapore Ltd. are joint bookrunners and joint lead managers for the Regulation S add-on.
Listing of the notes on the Stock Exchange of Hong Kong Ltd. is expected to take effect on June 12.
Henderson Land is a Hong Kong-based property company.
| Issuer: | Henderson Land MTN Ltd.
|
| Guarantor: | Henderson Land Development Co. Ltd.
|
| Issue: | Medium-term notes, add-on
|
| Amount: | $200 million
|
| Maturity: | 2025
|
| Bookrunners: | Mizuho Securities, Bank of China (Hong Kong), BOC International, DBS Bank Ltd. and Daiwa Capital Markets Singapore Ltd.
|
| Coupon: | 2 3/8%
|
| Pricing date: | June 4
|
| Listing date: | June 12
|
| Distribution: | Regulation S
|
| Total issuance: | $500 million, including $300 million issued May 27
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
