According to Jiuji Financial News, on March 5, Hang Lung Properties Limited (“Hang Lung Properties”, 00101.HK) issued an announcement stating that it has applied to the Hong Kong Stock Exchange Limited to approve the listing of HK$220 million, with a coupon rate of 2.28%, and fixed rate notes due on March 5, 2027, only to professional investors (as defined in Chapter 37 of the Listing Rules) (as described in the Offering Circular dated February 23, 2021). The listing and trading license for this note is expected to take effect on March 8, 2021.

The note was issued by Hang Lung Properties Limited, guaranteed by Hang Lung Properties, and is part of the US$4 billion medium-term note plan. Merrill Lynch (Asia Pacific) Limited acted as the dealer for this release.