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Beijing Capital’s Central Plaza to list $3 billion securities program
By Wendy Van Sickle
Columbus, Ohio, Oct. 31 – Beijing Capital Land Ltd. wholly owned subsidiary Central Plaza Development Ltd. applied to list a $3 billion medium-term note and perpetual capital securities program with the Stock Exchange of Hong Kong Ltd., according to a notice.
HSBC is the program arranger.
The program size is an increase of $1 billion over the company’s previous medium-term note and perpetual capital securities program size.
Securities issued under the program would be guaranteed by Beijing Capital and International Financial Center Property Ltd.
The listing is expected to become effective on Nov. 1.
The integrated property owner is based in Beijing.
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