CMS International Gemstone renews $2 billion medium-term note program

By William Gullotti

Buffalo, N.Y., Sept. 5 – CMS International Gemstone Ltd. listed a $2 billion medium-term note program (Baa2) on the Stock Exchange of Hong Kong Ltd. on Sept. 4, according to a listing notice with an appended offering circular on Tuesday.

Any notes issued under the Regulation S program will be guaranteed by China Merchants Securities International Co., Ltd.

China Merchants Securities (HK) Co., Ltd. is acting as both arranger and dealer for the program.

China Construction Bank (Asia) Corp., Ltd. the trustee.

King & Wood Mallesons and Walkers (Hong Kong) are the issuer’s counsel, with Clifford Chance and JunHe LLP advising the arranger and dealer.

The program will remain in effect for the 12 months following the Sept. 4 listing date.

China Merchants Securities is a trading and brokerage firm based in Shenzhen, China.

© 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.