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Hong Kong's Far East Horizon makes RMB 500 million MTN drawdown
By Marisa Wong
Madison, Wis., March 22 - Far East Horizon Ltd. said it issued RMB 500 million of drawdown notes on Friday. The notes were issued under the company's $1 billion medium-term note program established on April 5, 2012.
Citigroup and HSBC are the arrangers of the program.
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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