Hong Kong International Construction launches $1 billion MTN program

By Marisa Wong

Morgantown, W.Va., April 10 – Hong Kong International Construction Investment Management Group Co., Ltd. announced a $1 billion medium-term note program.

Notes will be issued through Silverbell Asia Ltd. and guaranteed by Hong Kong International Construction.

DBS Bank and HSBC are the arrangers and dealers for the multicurrency program.

Proceeds will be used for working capital and general corporate purposes.

The Hong Kong investment holding company offers foundation piling services; property investment, development and management services; and machinery leasing and trading.

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