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Published on 6/16/2022 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong Mortgage prices $80 million 3.06% notes due 2025 at par

By William Gullotti

Buffalo, N.Y., June 16 – Hong Kong Mortgage Corp. Ltd. priced $80 million of 3.06% three-year notes at par, according to a listing notice on Thursday.

The notes are issued under the company’s $20 billion medium-term note program.

ANZ Banking Group Ltd. is the dealer for the Regulation S offering.

Proceeds will be used for general corporate purposes.

Listing for the notes is expected on the Hong Kong Exchange effective June 16.

Hong Kong Mortgage is a government-controlled buyer of home loans.

Issuer:Hong Kong Mortgage Corp. Ltd.
Amount:$80 million
Issue:Notes
Maturity:June 16, 2025
Dealer:ANZ Banking Group Ltd.
Counsel to issuer:Clifford Chance (England)
Counsel to dealer:Allen & Overy (England)
Coupon:3.06%
Price:Par
Yield:3.06%
Pricing date:June 10
Issue date:June 15
Listing date:June 16
Distribution:Regulation S
ISIN:XS2489971684

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