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MTR CORPORATION Plans to Issue Max. USD25B Bonds
Recommend 11 Positive 20 Negative 12 |
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MTR CORPORATION (00066.HK) announced that it had submitted an application to the Hong Kong Stock Exchange for a debt program totaling no more than USD25 billion or equivalent. The company intends to issue the bonds to professional investors within the next 12 months. The bonds are expected to be issued in various currencies and forms, with a term of no less than one month. The arrangement will be handled by HSBC, and the net proceeds will be used for general corporate purposes, including working capital, refinancing, and repayment of existing debt. AAStocks Financial News |
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