Zhong Lun Advises Yuexiu REIT on its First US$1 Billion Medium Term Note Programme
Zhong Lun Advises Yuexiu REIT on its First US$1 Billion Medium Term Note Programme
Zhong Lun has advised Yuexiu Real Estate Investment Trust (00405.HK) on the establishment of its first US$1 billion medium term note programme and the subsequent issue of US$350 million 5-year 3.10 per cent. notes through Yuexiu REIT MTN Company Limited.
Zhong Lun team was led by partners Zhang Xuebing and Christie Tao, also included associates Terri Lu, Dustin Huang and Wu Yun.
Yuexiu REIT was listed on the Hong Kong Stock Exchange in 2005. It is the first Hong Kong REIT with 100% of properties located in mainland China and also the only Hong Kong listed REIT platform sponsored by a mainland property developer.
The Medium Term Note programme is a useful financing tool, through which issuers may raise funds speedily and conveniently on the debt capital markets.