China Resources Land announces $2 billion medium-term note program

By Angela McDaniels

Tacoma, Wash., Feb. 13 - China Resources Land Ltd. said it applied to the Stock Exchange of Hong Kong Ltd. to list a $2 billion medium-term note program within 12 months by way of debt issues to professional investors.

The listing of the program is expected to become effective Friday, according to a company announcement.

HSBC is the global coordinator of the program. ABC International, BofA Merrill Lynch, DBS Bank Ltd., HSBC and UBS are the bookrunners, lead managers and dealers.

China Resources Land is a property developer based in Hong Kong.

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