Hong Kong's Henderson Land Development to raise $1 billion via bond issuance

Hong Kong-listed property developer Henderson Land Development 12 said on Tuesday it intends to raise HK$8.00 billion ($1.02 billion) via an issuance of guaranteed corporate bonds.

The firm said it intends to apply the net proceeds of the raised amount for general corporate purposes and refinancing.

($1 = 7.8496 Hong Kong dollars)