Oct. 4 (Bloomberg) -- Hysan Property Development Co. set up a $1 billion medium term note program, according to a Hong Kong exchange statement.
Bonds under the program have to be sold within a year from Oct. 7. The property company hired Bank of America Corp. and Morgan Stanley to lead the deal, according to the Oct. 3 statement.
The listing of the program on the Hong Kong stock exchange is expected on Oct. 10.
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