By Wendy Van Sickle
Columbus, Ohio, Jan. 30 – Hong Kong’s Swire Pacific MTN Financing (HK) Ltd. priced $500 million of 2 7/8% 10-year notes, according to a listing notice with the Stock Exchange of Hong Kong Ltd.
The notes are guaranteed by Swire Pacific Ltd.
Bank of China (Hong Kong) Ltd., BOCI Asia Ltd., HSBC Ltd., Mizuho Securities Asia Ltd. and Morgan Stanley & Co. International plc were the joint lead managers for the note, which is being issued under Swire Pacific MTN’s $5 billion medium-term note program.
The listing is expected to take effect on Friday.
Swire Pacific is a Hong Kong-based commercial, retail and residential property developer and manager.
| Issuer: | Swire Pacific MTN Financing (HK) Ltd.
|
| Guarantor: | Swire Pacific Ltd.
|
| Issue: | Notes
|
| Amount: | $500 million
|
| Maturity: | 2030
|
| Lead arrangers: | Bank of China (Hong Kong) Ltd., BOCI Asia Ltd., HSBC Ltd., Mizuho Securities Asia Ltd. and Morgan Stanley & Co. International plc
|
| Coupon: | 2 7/8%
|
| Pricing date: | Jan. 21
|
| Listing date: | Jan. 31
|
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