Hong Kong’s AMTD Group launches $1 billion medium-term note program

By William Gullotti

Buffalo, N.Y., Feb. 16 – AMTD Group Co. Ltd. is listing a $1 billion medium-term note program, according to a listing notice and a published offering circular on Wednesday.

AMTD Global Markets Ltd. is the arranger for the Regulation S program.

The one-year program is expected to become effective Feb. 16.

Proceeds derived from program issuances will be used for capital expenditure, refinancing and general corporate purposes.

The financial institution is based in Hong Kong.

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