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Far East Horizon Limited ( (HK:3360) ) has issued an announcement.
Far East Horizon Limited has announced a drawdown of US$500 million under its US$4 billion Medium Term Note and Perpetual Securities Programme. The notes, denominated in US dollars, are expected to be rated BBB- by S&P and will be used for working capital and general corporate purposes, with potential on-lending to subsidiaries in the PRC. The issuance is exempt from U.S. registration requirements and will be listed on the Hong Kong Stock Exchange for professional investors.
More about Far East Horizon Limited
Far East Horizon Limited operates in the financial services industry, focusing on the issuance of medium-term notes and perpetual securities. The company is incorporated in Hong Kong and engages in financial activities that cater to professional investors, with a market focus that includes the issuance of securities in various jurisdictions.
YTD Price Performance: 12.35%
Average Trading Volume: 9,699,722
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$26.44B
See more data about 3360 stock on TipRanks’ Stock Analysis page.