Landmark $4.1 Billion Bonds Listed On Guernsey-Headquartered TISE

CHMT Peaceful Development Asia Property Limited has listed US$4.1 billion of bonds on Guernsey-headquartered The International Stock Exchange (TISE).

The bond listing relates to the financing of the acquisition of Hong Kong's fifth largest skyscraper, The Center, which is the world's most expensive real estate transaction for a single building to date.

The bonds were listed in two tranches, of approximately $3.3 billion Tranche A notes and $800 million Tranche B notes, with an 18-month maturity.

Fiona Le Poidevin, Chief Executive Officer of The International Stock Exchange Group, said it was hugely pleasing that TISE was chosen as the listing venue for such a significant and notable bond issuance.