Paliburg and Regal Hotels launch $300 million MTN, perpetuals program

By Marisa Wong

Los Angeles, July 24 – P&R International Treasury Ltd. announced a $300 million medium-term notes and perpetual securities program guaranteed by Paliburg Holdings Ltd., Regal Hotels International Holdings Ltd. and P&R Holdings Ltd.

AMTD is the arranger and dealer.

Listing of the program on the Stock Exchange of Hong Kong Ltd. is expected to become effective July 27 and will be valid for 12 months.

Paliburg is a Hong Kong-based investment management company that owns and manages hotels. Regal Hotels is a hospitality company also based in Hong Kong.

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