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Published on 3/24/2021 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong’s MTR sells RMB 1 billion 2.9% notes due 2024

By Marisa Wong

Los Angeles, March 24 – MTR Corp. Ltd. priced RMB 1 billion of 2.9% fixed-rate notes due 2024 on March 19, according to a company announcement on Wednesday.

Credit Agricole CIB is the dealer.

The notes will be issued under the company’s $7 billion debt issuance program.

Listing of the notes on the Stock Exchange of Hong Kong Ltd. is expected to become effective Thursday.

The company operates Hong Kong’s Mass Transit Railway metro system.

Issuer:MTR Corp. Ltd.
Issue:Fixed-rate notes
Amount:RMB 1 billion
Maturity:2024
Dealer:Credit Agricole CIB
Coupon:2.9%
Pricing date:March 19
Listing date:March 25
Listing:Stock Exchange of Hong Kong Ltd.

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