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Hong Kong's Swire Pacific lifts MTN program cap to $5 billion
By Marisa Wong
Madison, Wis., June 18 - Swire Pacific Ltd. subsidiary Swire Pacific MTN Financing Ltd. increased the total principal amount of its medium-term note program to $5 billion from $3.5 billion, according to a notice.
HSBC and Morgan Stanley are the arrangers of the program. ANZ, Barclays, BNP Paribas, BOC International, BofA Merrill Lynch, Citigroup, Commonwealth Bank of Australia, Credit Agricole CIB, Credit Suisse, DBS Bank Ltd., Deutsche Bank, Goldman Sachs International, HSBC, ING, JPMorgan, Mitsubishi UFJ Securities, Mizuho Securities, Morgan Stanley, Royal Bank of Scotland, Standard Chartered Bank (Hong Kong) Ltd. and UBS are the dealers.
Notes issued under the program are guaranteed by the parent company.
Listing on the Stock Exchange of Hong Kong Ltd. is expected to become effective June 19.
Swire Pacific is a Hong Kong-based conglomerate.
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