AMTD International Inc. Announces the Proposed Listing of US$1.0 Billion Medium Term Note Program on SEHK
AMTD International Inc. American Depositary Shares, each representing one Class A Ordinary Share (HKIB)
Company Research
Source: Business Wire
HONG KONG--(BUSINESS WIRE)--AMTD International Inc. (“AMTD” or the “Company”) (NYSE: HKIB), a subsidiary of AMTD Group, a leading comprehensive financial services conglomerate, today announced that application has been submitted to The Stock Exchange of Hong Kong Limited (“SEHK”) for the listing of the US$1.0 billion medium term note program of the Company (the “MTN Program”) for a period of twelve months from March 30, 2020 by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on SEHK and in the Securities and Futures Ordinance (Cap. 571) of Hong Kong). The listing of the MTN Program is expected to become effective on or about March 31, 2020.Under the MTN Program, the Company may from time to time issue medium term notes or perpetual securities up to an aggregate amount of US$1.0 billion. The Company intends to use the net proceeds from the issuances of debt securities under the MTN Program for long-term develop
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