HK Electric launches $5bn medium term note programme

Hongkong Electric Investments (HKEX:2638) subsidiary, Hongkong Electric Finance Limited, has launched a U.S.$5 billion Medium Term Note Programme, listing it on the Hong Kong Stock Exchange. The program is guaranteed by The Hongkong Electric Company, Limited. Notes issued under the program, and to be listed on the stock exchange, are available only to professional investors, with the listing expected to be effective on May 30, 2025. This offering is expected to provide the company with considerable financial flexibility.