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Hong Kong's MTR Corp launches $25 billion debt issuance program

CompaniesMTR Corp LtdFollowOct 31 (Reuters) – Hong Kong’s MTR Corp (0066.HK), opens new tab has launched a $25 billion debt issuance program, the company said in an exchange filing on Friday.The rail operator has applied to the Hong Kong stock exchange for the listing of the notes under the program for a year, MTR said.

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The listing is expected to become effective on November 3.In March, MTR raised $3 billion in a three-tranche dollar bond deal, according to a term sheet reviewed by Reuters.

Reporting by John Biju in Bengaluru; Editing by Shailesh Kuber

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