SINGAPORE (Yosefardi) – Hongkong Land Company Ltd has priced US$400 million of 10-year Notes at 99.328% to yield 4.71% per annum.
DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited, and Standard Chartered Bank acted as Joint Lead Managers and Joint Bookrunners for the offering.
Hongkong Land owns and manages some 450,000 sqm of commercial space in Hong Kong. In Singapore, the company has interests in Central Business District at Marina Bay.
Hongkong Land is member of the Jardine Matheson Group.