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Hong Kong's Far East Horizon launches $1 billion MTN program
By Marisa Wong
Madison, Wis., April 5 - Far East Horizon Ltd. said it established a $1 billion medium-term note program on Thursday.
Citigroup and HSBC will be the arrangers of the program.
Proceeds will be used for working capital and general corporate purposes.
The company is a financial leasing unit of Sinochem Group, which is a Hong Kong-based business conglomerate with interests in agriculture, energy, chemicals, real estate and finance.
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