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China’s Guangzhou Metro launches $3 billion medium-term note program
By William Gullotti
Buffalo, N.Y., Sept. 10 – Guangzhou Metro Investment Finance (BVI) Ltd. is listing a $3 billion medium-term note program, according to a listing notice on Friday.
Regulation S notes issued under the program are guaranteed by Guangzhou Metro Investment Finance (HK) Ltd. and have a keepwell and liquidity support deed and a deed of equity interest purchase undertaking by Guangzhou Metro Group Co., Ltd.
Guotai Junan International and Standard Chartered Bank are the arrangers and dealers for the program, which is expected to become effective Sept. 13.
The investment company is based in Guangzhou, China.
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