By Marisa Wong
Madison, Wis., Nov. 26 - Wing Tai Properties (Finance) Ltd. priced S$170 million of 4¼% notes.
The 10-year notes, which are guaranteed by Wing Tai Properties Ltd., make up the first drawdown under the company's $1 billion medium-term note program established on Nov. 6.
DBS Bank Ltd. and OCBC Bank are the managers.
Settlement is slated for Nov. 29.
Wing Tai Properties is a Hong Kong-based property developer.
| Issuer: | Wing Tai Properties (Finance) Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | S$170 million
|
| Maturity: | Nov. 29, 2022
|
| Coupon: | 4¼%
|
| Managers: | DBS Bank Ltd. and OCBC Bank
|
| Pricing date: | Nov. 22
|
| Settlement date: | Nov. 29
|
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