Slaughter and May advised MTR Corporation Limited and MTR Corporation (C.I.) Limited on the annual update of their US$25 billion Debt Issuance Programme

Slaughter and May, Hong Kong, advised MTR Corporation Limited and MTR Corporation (C.I.) Limited on the annual update of their US$25 billion Debt Issuance Programme. In addition to increasing the Programme size from US$15 billion to US$25 billion, the update included modifications to permit offerings pursuant to Rule 144A under the United States Securities Act of 1933, as amended, thereby broadening the investor base to include qualified institutional buyers in the United States.

Notes issued under the Programme may be listed on The Stock Exchange of Hong Kong Limited. HSBC is the sole arranger under the Programme.