By Wendy Van Sickle
Columbus, Ohio, Aug. 25 – Hysan Development Co. Ltd. subsidiary Elect Global Investments Ltd. sold $300 million of subordinated guaranteed perpetual capital securities, according to a notice of listing on the Stock Exchange of Hong Kong Ltd.
Hysan guarantees the notes.
HSBC, JPMorgan, Mizuho Securities and UBS are the joint global coordinators, joint lead managers and joint bookrunners.
Listing is expected for Wednesday.
The property developer is based in Hong Kong.
| Issuer: | Elect Global Investments Ltd.
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| Guarantor: | Hysan Development Co. Ltd.
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| Issue: | Subordinated guaranteed perpetual capital securities
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| Amount: | $300 million
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| Maturity: | Perpetual
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| Managers: | HSBC, JPMorgan, Mizuho Securities and UBS
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| Listing date: | Aug. 26
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| Distribution: | Regulation S
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