Hong Kong's Yuexiu Property launches $2 billion note program

By Marisa Wong

Madison, Wis., June 4 - Yuexiu Property Co. Ltd. has established a $2 billion medium-term note program, according to a company news release.

Bank of China (Hong Kong) Ltd., BOCI Asia Ltd., DBS Bank Ltd., Hongkong and Shanghai Banking Corp. Ltd. and Morgan Stanley & Co. International plc are the arrangers and dealers. Yuexiu Securities Co. Ltd. is the sub-arranger.

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

The issuer is a property developer based in Hong Kong.

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