Hong Kong’s Haitong lines up new $1 billion medium-term note program

By William Gullotti

Buffalo, N.Y., April 18 – Haitong UT Brilliant Ltd., a wholly owned subsidiary of Haitong Unitrust International Financial Leasing Co. Ltd., is listing a new $1 billion guaranteed medium-term note program on the Stock Exchange of Hong Kong Ltd., according to a notice.

Program offerings will be issued by the subsidiary and guaranteed by the parent.

The arrangers and dealers are Haitong International and Haitong Bank.

The Regulation S program is expected to become effective April 19.

The commercial and industrial equipment leasing company is based in China.

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