Corporate digest

Hongkong Land Holdings

HONGKONG Land Holdings' subsidiary The Hongkong Land Company has priced US$600 million of senior unsecured notes due in 2030, to be issued at a coupon of 2.875 per cent, payable on a semi-annual basis.

The notes - which have a maturity date of May 27, 2030 - are to be issued by the latter's subsidiary, The Hongkong Land Finance (Cayman Islands) Company Limited, as part of the issuer's guaranteed medium-term note programme. Net proceeds from the issue will be used for general corporate purposes.