Hong Kong’s New World Development renews $7 billion MTN program

Chicago, Jan. 25 – NWD (MTN) Ltd. relisted a $7 billion medium-term note program on the Stock Exchange of Hong Kong Ltd., according to a listing notice.

The program renews the issuer’s same-sized program at the expiration of the previous one-year program.

The new 12-month program becomes effective on Jan. 25.

Australia and New Zealand Banking Group Ltd., Bank of China (Hong Kong) Ltd., Barclays, BNP Paribas, BOCI Asia Ltd., CCB International Capital Ltd., China Construction Bank (Asia) Corp. Ltd., Citigroup Global Markets Ltd., Credit Agricole CIB, DBS Bank Ltd., Deutsche Bank AG, Hong Kong Branch, HSBC Ltd., Industrial and Commercial Bank of China (Asia) Ltd., J.P. Morgan Securities plc, Merrill Lynch (Asia Pacific) Ltd., Mizuho Securities Asia Ltd., Morgan Stanley & Co. International plc, Oversea-Chinese Banking Corp. Ltd., SMBC Nikko Securities (Hong Kong) Ltd., Standard Chartered Bank and UBS AG Hong Kong Branch are listed as dealers.

HSBC and UBS are the arrangers.

HSBC will be the fiscal agent.

The legal advisers are Linklaters and Maples and Calder (Hong Kong) LLP for the issuer and Clifford Chance for the dealers.

New World Development is a Hong Kong-based conglomerate.

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